Zip 70760 (New Roads, LA) Housing

Housing in 70760 New Roads, LA is significantly more affordable than the US median value of $338,100. According to recent estimates, the median value for a house in this area is $143,900 - almost half of the national average. Despite this lower cost of entry, there has been an impressive 13.15% jump in housing appreciation over the past year, well above the national 1-year appreciation of 8.27%. This makes 70760 New Roads an attractive location for property buyers looking for an affordable yet fast-appreciating area to invest in.

The median home cost in New Roads (zip 70760) is $143,900. Home appreciation the last 10 years has been 51.4%. Home Appreciation in New Roads (zip 70760) is up 13.2%.

Average Age of Homes

- The median age of New Roads (zip 70760) real estate is 47 years old

The Rental Market in New Roads (zip 70760)

- Renters make up 27.7% of the New Roads (zip 70760) population
- 2.0% of houses and apartments in New Roads (zip 70760), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Roads, Louisiana	United States
	3,375.0	139,647,020.0
	40	42
	$143,900	$338,100
	13.2%	16.6%
	30.9%	57.0%
	51.4%	101.1%
	$3.28	$10.98
	$460	$2,690
	52.8%	57.4%
	22.3%	11.2%
	24.9%	31.4%
Vacant Housing
	2.0%	1.9%
	1.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	4.9%	3.6%
	14.1%	4.1%
Value of Owner-Occupied Housing
	7.4%	2.6%
	0.8%	2.4%
	0.7%	2.8%
	12.2%	3.9%
	7.5%	4.5%
	28.5%	11.3%
	12.9%	13.0%
	17.6%	20.1%
	5.7%	13.6%
	2.4%	8.3%
	1.2%	9.7%
	3.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.8%	13.6%
	14.8%	13.6%
	8.1%	13.6%
	18.2%	13.2%
	14.3%	14.8%
	8.1%	13.6%
	11.6%	10.0%
	5.5%	4.7%
	5.5%	12.2%

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