The housing median value in Olla, LA (71465) is an affordable $107,200, compared to the US House Median Value of $338,100. The US 1 year house appreciation is 8.27%, while the 1 year appreciation in Olla is only 1.02%. This slow appreciation rate can be seen as a benefit for potential buyers who are looking for stability and predictability. Although Olla may not have seen the same degree of appreciation as some other areas across the country, it remains a desirable option due to its low cost and relatively stable housing market.
The median home cost in Olla (zip 71465) is $107,200. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Olla (zip 71465) is up 10.7%.
Average Age of Homes
- The median age of Olla (zip 71465) real estate is 34 years old
The Rental Market in Olla (zip 71465)
- Renters make up 16.0% of the Olla (zip 71465) population
- 0.0% of houses and apartments in Olla (zip 71465), 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.