The housing market in 70461 Slidell, LA is very strong. The median value of housing in this area is $256,500 which is significantly lower than the US house median value of $338,100. This demonstrates that the cost of living is much more affordable in 70461 Slidell, LA as compared to other areas. Interestingly, the 1 year house appreciation rate for this area is 11.36% which is higher than the national average of 8.27%. This means that prices are increasing faster than other places and could be a great place to invest in housing over the next few years.
The median home cost in Slidell (zip 70461) is $256,500. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Slidell (zip 70461) is up 14.5%.
Average Age of Homes
- The median age of Slidell (zip 70461) real estate is 25 years old
The Rental Market in Slidell (zip 70461)
- Renters make up 23.2% of the Slidell (zip 70461) population
- 2.0% of houses and apartments in Slidell (zip 70461), 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.