Merrydale, LA has a median housing value of $115,300, which is significantly lower than the US median value of $338,100. The 1 year house appreciation rate in Merrydale is 8.15%, comparable to the US average appreciation rate of 8.27%. This suggests that Merrydale's housing market is performing similarly to the national average and may offer a good opportunity for potential buyers looking for a home in the area.
The median home cost in Merrydale (zip 70812) is $115,300. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Merrydale (zip 70812) is up 9.6%.
Average Age of Homes
- The median age of Merrydale (zip 70812) real estate is 44 years old
The Rental Market in Merrydale (zip 70812)
- Renters make up 30.7% of the Merrydale (zip 70812) population
- 6.0% of houses and apartments in Merrydale (zip 70812), 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.