Housing in 71260 Marion, LA is quite affordable, with a median value of only $91,900 compared to the US housing median value of $338,100. Although the US 1 year house appreciation rate was 8.27%, interestingly the house 1 year appreciation rate in Marion was 7.40%. This suggests that while there is still growth in property values, it is not as rapid as across the country which makes it an attractive prospect for those seeking to invest in real estate in this area.
The median home cost in Marion (zip 71260) is $91,900. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Marion (zip 71260) is up 10.1%.
Average Age of Homes
- The median age of Marion (zip 71260) real estate is 39 years old
The Rental Market in Marion (zip 71260)
- Renters make up 15.0% of the Marion (zip 71260) population
- 0.5% of houses and apartments in Marion (zip 71260), 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.