The housing market in Patterson, LA (70392) is currently booming. With a median value of $129,900, it is well below the national median of $338,100. Over the past year, house appreciation in this area has been particularly strong with an increase of 10.21%, which is more than double the national 1 year appreciation rate of 8.27%. This trend signals that this is an ideal time to buy or sell a home in Patterson as prices are expected to continue appreciating over the coming months.
The median home cost in Patterson (zip 70392) is $129,900. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Patterson (zip 70392) is up 10.5%.
Average Age of Homes
- The median age of Patterson (zip 70392) real estate is 32 years old
The Rental Market in Patterson (zip 70392)
- Renters make up 26.2% of the Patterson (zip 70392) population
- 8.4% of houses and apartments in Patterson (zip 70392), 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.