The housing market in 70454 Ponchatoula, LA is very strong. According to the given context, the median value of a house in this area is $224,000—considerably lower than the US average of $338,100. Despite this difference in cost, however, the appreciation rate for houses in 70454 Ponchatoula over the past year has been 11.36%, higher than the US average of 8.27%. This means that buying property in this city could be a wise investment with potentially high returns.
The median home cost in Ponchatoula (zip 70454) is $224,000. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Ponchatoula (zip 70454) is up 14.5%.
Average Age of Homes
- The median age of Ponchatoula (zip 70454) real estate is 24 years old
The Rental Market in Ponchatoula (zip 70454)
- Renters make up 21.0% of the Ponchatoula (zip 70454) population
- 2.5% of houses and apartments in Ponchatoula (zip 70454), 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.