The housing in 71461 New Llano, LA has a median value of $115,300, which is considerably lower than the median value for the United States as a whole at $338,100. Over the past year the US saw an appreciation of 8.27%, but New Llano only experienced 1.02% appreciation in housing values. Despite this slower growth, it may still be a good investment opportunity for potential buyers looking to purchase in this area.
The median home cost in New Llano (zip 71461) is $115,300. Home appreciation the last 10 years has been 41.2%. Home Appreciation in New Llano (zip 71461) is up 10.7%.
Average Age of Homes
- The median age of New Llano (zip 71461) real estate is 39 years old
The Rental Market in New Llano (zip 71461)
- Renters make up 48.3% of the New Llano (zip 71461) population
- 4.7% of houses and apartments in New Llano (zip 71461), 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.