Zip 70591 (Welsh, LA) Housing

The housing market in 70591 Welsh, LA is doing well. According to the data, the median housing value in this area is $149,300 which is significantly lower than the US median of $338,100. This provides an opportunity for those looking to purchase a home in this area at a lower cost. Additionally, the 1 year house appreciation rate in 70591 Welsh, LA was found to be 9.19%, which is higher than the national rate of 8.27%. These figures indicate that now is a great time to invest in property in this area as it stands to increase in value over time.

The median home cost in Welsh (zip 70591) is $149,300. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Welsh (zip 70591) is up 12.5%.

Average Age of Homes

- The median age of Welsh (zip 70591) real estate is 43 years old

The Rental Market in Welsh (zip 70591)

- Renters make up 22.8% of the Welsh (zip 70591) population
- 2.4% of houses and apartments in Welsh (zip 70591), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Welsh, Louisiana	United States
	2,053.0	139,647,020.0
	39	42
	$149,300	$338,100
	12.5%	16.6%
	28.4%	57.0%
	40.3%	101.1%
	$2.74	$10.98
	$261	$2,690
	69.9%	57.4%
	19.2%	11.2%
	10.9%	31.4%
Vacant Housing
	2.4%	1.9%
	1.8%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.2%	3.6%
	8.8%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	3.9%	2.4%
	5.6%	2.8%
	9.1%	3.9%
	4.7%	4.5%
	20.1%	11.3%
	20.2%	13.0%
	30.2%	20.1%
	2.4%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	11.9%	13.6%
	20.1%	13.2%
	7.9%	14.8%
	11.9%	13.6%
	11.3%	10.0%
	11.9%	4.7%
	6.7%	12.2%

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