Housing in 70586 Ville Platte, LA has seen an appreciation of 9.19% over the past year, compared to 8.27% nationally. This is great for homeowners in the area, as the median value of housing here is $100,000, significantly lower than the national median value of $338,100. Investing in real estate in this area could yield significant returns on investment for potential buyers or renters. Furthermore, Ville Platte's cost of living and low crime rate make it a desirable place to live for those looking for a more affordable home without sacrificing safety and quality of life.
The median home cost in Ville Platte (zip 70586) is $100,000. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Ville Platte (zip 70586) is up 12.5%.
Average Age of Homes
- The median age of Ville Platte (zip 70586) real estate is 40 years old
The Rental Market in Ville Platte (zip 70586)
- Renters make up 26.6% of the Ville Platte (zip 70586) population
- 2.7% of houses and apartments in Ville Platte (zip 70586), 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.