The housing market in Mandeville, LA (70448) is currently healthy and growing. The median value of a house is $331,500, which is slightly lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in Mandeville is 11.36%, which is higher than the US average of 8.27%. This indicates that housing prices are increasing significantly in this area and could be a great opportunity for buyers or investors to get into the real estate market.
The median home cost in Mandeville (zip 70448) is $331,500. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Mandeville (zip 70448) is up 14.5%.
Average Age of Homes
- The median age of Mandeville (zip 70448) real estate is 24 years old
The Rental Market in Mandeville (zip 70448)
- Renters make up 18.0% of the Mandeville (zip 70448) population
- 0.8% of houses and apartments in Mandeville (zip 70448), 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.