The housing market in 70814 Baton Rouge, LA is relatively stable compared to the rest of the country. The median value of homes in this area is $188,400, which is less than half of the US house median value of $338,100. While the US house appreciation rate for the past year was 8.27%, the house appreciation rate for 70814 Baton Rouge, LA was 8.15%. This indicates that while home values are slightly below average in this area, they still remain close to national standards and have seen steady increases over time.
The median home cost in Baton Rouge (zip 70814) is $188,400. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Baton Rouge (zip 70814) is up 9.6%.
Average Age of Homes
- The median age of Baton Rouge (zip 70814) real estate is 40 years old
The Rental Market in Baton Rouge (zip 70814)
- Renters make up 23.9% of the Baton Rouge (zip 70814) population
- 2.4% of houses and apartments in Baton Rouge (zip 70814), 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.