The housing market in 70471 Mandeville, LA is thriving with a median value of $357,800. This is significantly higher than the US housing median value of $338,100, indicating that it is an expensive place to live. The appreciation rate for houses over the past year in this area is also particularly high at 11.36%, which is 3.09% higher than the US average of 8.27%. Therefore, if you are looking to invest in property in this region then you can expect a good return on your investment over time.
The median home cost in Mandeville (zip 70471) is $357,800. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Mandeville (zip 70471) is up 14.5%.
Average Age of Homes
- The median age of Mandeville (zip 70471) real estate is 25 years old
The Rental Market in Mandeville (zip 70471)
- Renters make up 24.2% of the Mandeville (zip 70471) population
- 2.1% of houses and apartments in Mandeville (zip 70471), 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.