Zip 71263 (Oak Grove, LA) Housing

The housing median value in 71263 Oak Grove, LA is $108,600, which is significantly lower than the US housing median value of $338,100. Despite this difference, however, the house appreciation rate in Oak Grove is still impressive at 7.40%, just slightly below the national rate of 8.27%. This means that homes in Oak Grove are appreciating at a healthy rate and could be a good investment for those looking to buy property there.

The median home cost in Oak Grove (zip 71263) is $108,600. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Oak Grove (zip 71263) is up 10.1%.

Average Age of Homes

- The median age of Oak Grove (zip 71263) real estate is 42 years old

The Rental Market in Oak Grove (zip 71263)

- Renters make up 26.9% of the Oak Grove (zip 71263) population
- 1.1% of houses and apartments in Oak Grove (zip 71263), 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	Oak Grove, Louisiana	United States
	3,217.0	139,647,020.0
	42	42
	$108,600	$338,100
	10.1%	16.6%
	24.0%	57.0%
	40.8%	101.1%
	$6.88	$10.98
	$199	$2,690
	63.8%	57.4%
	21.6%	11.2%
	14.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.4%	0.4%
	1.0%	0.7%
	2.7%	0.4%
	4.4%	3.6%
	12.1%	4.1%
Value of Owner-Occupied Housing
	14.6%	2.6%
	6.6%	2.4%
	13.8%	2.8%
	10.0%	3.9%
	12.4%	4.5%
	15.7%	11.3%
	11.7%	13.0%
	12.3%	20.1%
	0.9%	13.6%
	1.6%	8.3%
	0.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	16.2%	13.6%
	13.6%	13.2%
	20.8%	14.8%
	16.2%	13.6%
	7.0%	10.0%
	4.4%	4.7%
	1.6%	12.2%

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