The housing market in 71071 Sarepta, LA is relatively strong. According to the given information, the median value of houses in this area is $110,200, which is significantly lower than the US median value of $338,100. However, while US house appreciation over the past year was 8.27%, house appreciation in 71071 Sarepta was 5.41%. This demonstrates that despite being less expensive than the national average, home values in Sarepta are still increasing at a healthy pace and could be a good option for potential buyers interested in investing.
The median home cost in Sarepta (zip 71071) is $110,200. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Sarepta (zip 71071) is up 12.2%.
Average Age of Homes
- The median age of Sarepta (zip 71071) real estate is 39 years old
The Rental Market in Sarepta (zip 71071)
- Renters make up 16.3% of the Sarepta (zip 71071) population
- 4.1% of houses and apartments in Sarepta (zip 71071), 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.