Zip 71037 (Red Chute, LA) Housing

The median value of housing in 71037 Red Chute, LA is $230,100. This is significantly lower than the US median value of $338,100. Over the last year, the US has experienced an 8.27% increase in house values; in comparison, housing in 71037 Red Chute, LA has seen a 5.41% increase over the same period of time. Despite this slower rate of appreciation, 71037 Red Chute is still experiencing greater house value increases than many other parts of Louisiana and the United States as a whole.

The median home cost in Red Chute (zip 71037) is $230,100. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Red Chute (zip 71037) is up 12.2%.

Average Age of Homes

- The median age of Red Chute (zip 71037) real estate is 28 years old

The Rental Market in Red Chute (zip 71037)

- Renters make up 15.4% of the Red Chute (zip 71037) population
- 1.3% of houses and apartments in Red Chute (zip 71037), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Red Chute, Louisiana	United States
	8,420.0	139,647,020.0
	32	42
	$230,100	$338,100
	12.2%	16.6%
	25.0%	57.0%
	31.9%	101.1%
	$5.42	$10.98
	$892	$2,690
	74.8%	57.4%
	9.5%	11.2%
	15.7%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	9.6%	2.6%
	4.0%	2.4%
	4.1%	2.8%
	6.3%	3.9%
	3.6%	4.5%
	14.8%	11.3%
	22.5%	13.0%
	23.7%	20.1%
	7.6%	13.6%
	2.3%	8.3%
	1.2%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.5%	13.6%
	19.5%	13.6%
	14.5%	13.6%
	20.9%	13.2%
	16.9%	14.8%
	14.5%	13.6%
	3.6%	10.0%
	1.0%	4.7%
	0.8%	12.2%

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