Rayne, LA is a small city located in the Acadiana region of Louisiana. The housing median value in Rayne is $138,800, significantly lower than the US House Median Value of $338,100. Despite this difference, the 1 year house appreciation in Rayne is 9.19%, slightly higher than the US one year appreciation rate of 8.27%. This suggests that despite having a lower median value than the nationwide average, Rayne's housing market is still performing well and could be a great investment opportunity for potential buyers.
The median home cost in Rayne (zip 70578) is $138,800. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Rayne (zip 70578) is up 12.5%.
Average Age of Homes
- The median age of Rayne (zip 70578) real estate is 37 years old
The Rental Market in Rayne (zip 70578)
- Renters make up 26.0% of the Rayne (zip 70578) population
- 1.9% of houses and apartments in Rayne (zip 70578), 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.