The housing median value in the 70559 Morse, LA area is $114,900, which is much lower than the US house median value of $338,100. Although the US house appreciation rate was 8.27% for the past year, the house appreciation rate in 70559 was even higher at 9.19%. This suggests that housing in this area may be a good investment as it has seen quicker appreciation than other areas nationwide. Considering the relatively low home values compared to other places, it would be a great option for those looking for affordable homes with potential upside.
The median home cost in Morse (zip 70559) is $114,900. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Morse (zip 70559) is up 12.5%.
Average Age of Homes
- The median age of Morse (zip 70559) real estate is 44 years old
The Rental Market in Morse (zip 70559)
- Renters make up 17.3% of the Morse (zip 70559) population
- 0.0% of houses and apartments in Morse (zip 70559), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.