The housing market in 70462 Springfield, LA is doing particularly well compared to the US average. The median value of houses in this area is $229,900, which is much lower than the US house median value of $338,100. Despite this, the 1 year appreciation of 11.36% far exceeds the US average of 8.27%. This makes 70462 Springfield, LA an attractive option for those looking to buy a house at an affordable price with a strong potential for long-term appreciation.
The median home cost in Springfield (zip 70462) is $229,900. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Springfield (zip 70462) is up 14.5%.
Average Age of Homes
- The median age of Springfield (zip 70462) real estate is 29 years old
The Rental Market in Springfield (zip 70462)
- Renters make up 9.6% of the Springfield (zip 70462) population
- 0.0% of houses and apartments in Springfield (zip 70462), 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.