The housing in 71357 Newellton, LA has a median value of $87,100, which is significantly lower than the US house median value of $338,100. Although the US house appreciation rate for the past year was 8.27%, in 71357 Newellton, LA it only increased by 0.82%. This indicates that although not growing as quickly or as substantially as other places, the housing market in 71357 Newellton, LA is still stable and could be well worth investing in for potential buyers.
The median home cost in Newellton (zip 71357) is $87,100. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Newellton (zip 71357) is up 8.6%.
Average Age of Homes
- The median age of Newellton (zip 71357) real estate is 40 years old
The Rental Market in Newellton (zip 71357)
- Renters make up 21.7% of the Newellton (zip 71357) population
- 0.7% of houses and apartments in Newellton (zip 71357), 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.