The housing market in 70056 Terrytown, LA is thriving and has seen a steady increase in value over the past year. The median housing value is currently $214,400, significantly lower than the US housing median value of $338,100. Despite this disparity, the housing appreciation rate for Terrytown is higher than the national average at 9.06%, higher than the US's 8.27%. This indicates that Terrytown’s real estate market is booming, and homeowners can expect to see their investments appreciate over time.
The median home cost in Terrytown (zip 70056) is $214,400. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Terrytown (zip 70056) is up 12.3%.
Average Age of Homes
- The median age of Terrytown (zip 70056) real estate is 42 years old
The Rental Market in Terrytown (zip 70056)
- Renters make up 38.9% of the Terrytown (zip 70056) population
- 2.2% of houses and apartments in Terrytown (zip 70056), 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.