The housing market in 70040 Braithwaite, LA is very strong, with a median house value of $143,600. This is significantly lower than the US house median value of $338,100, making it an attractive option for those looking to purchase real estate. Furthermore, the US 1 year house appreciation rate is 8.27%, while the house appreciation rate in 70040 Braithwaite has been 9.06% over the same period - indicating that this area is experiencing higher rates of growth than many other parts of the country.
The median home cost in Braithwaite (zip 70040) is $143,600. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Braithwaite (zip 70040) is up 12.3%.
Average Age of Homes
- The median age of Braithwaite (zip 70040) real estate is 27 years old
The Rental Market in Braithwaite (zip 70040)
- Renters make up 12.2% of the Braithwaite (zip 70040) population
- 0.0% of houses and apartments in Braithwaite (zip 70040), 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.