The median value of housing in 71292 West Monroe, LA is $129,800, which is significantly lower than the US housing median value of $338,100. While the US house appreciation rate has been 8.27% over the past year, houses in 71292 West Monroe have seen a slightly lesser appreciation rate of 7.40%. The comparatively lower housing prices make this area an attractive and affordable option for those looking to purchase a home.
The median home cost in West Monroe (zip 71292) is $129,800. Home appreciation the last 10 years has been 40.8%. Home Appreciation in West Monroe (zip 71292) is up 10.1%.
Average Age of Homes
- The median age of West Monroe (zip 71292) real estate is 35 years old
The Rental Market in West Monroe (zip 71292)
- Renters make up 28.8% of the West Monroe (zip 71292) population
- 5.4% of houses and apartments in West Monroe (zip 71292), 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.