In the city of Minden, LA (zip code 71055), the median value of housing is $109,600, which is significantly lower than the US median value of $338,100. Over the past year, appreciation for homes in this area was 5.41%, compared to the US average of 8.27%. This suggests that housing values in Minden are lagging behind those in other parts of the country. Despite this slow rate of appreciation, it is still possible for homeowners and investors to find a good deal on property in this town.
The median home cost in Minden (zip 71055) is $109,600. Home appreciation the last 10 years has been 31.9%. Home Appreciation in Minden (zip 71055) is up 12.2%.
Average Age of Homes
- The median age of Minden (zip 71055) real estate is 46 years old
The Rental Market in Minden (zip 71055)
- Renters make up 26.8% of the Minden (zip 71055) population
- 1.4% of houses and apartments in Minden (zip 71055), 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.