Rayville, LA has an impressive median housing value of $121,200. This is significantly lower than the US median housing value of $338,100. Despite this difference in value, the one-year house appreciation rate for Rayville was 7.40%, which is only slightly lower than the US one-year house appreciation rate of 8.27%. This suggests that the area has a stable and healthy real estate market; it may even be able to keep up with national trends over time. The fact that Rayville's median housing value is so much lower than other areas in the US makes it a great place for people looking for an affordable property.
The median home cost in Rayville (zip 71269) is $121,200. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Rayville (zip 71269) is up 10.1%.
Average Age of Homes
- The median age of Rayville (zip 71269) real estate is 39 years old
The Rental Market in Rayville (zip 71269)
- Renters make up 32.5% of the Rayville (zip 71269) population
- 0.3% of houses and apartments in Rayville (zip 71269), 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.