Metropolitan Statistical Area (MSA):
Lake Charles, LA is a Metropolitan Statistical Area (MSA) comprising counties including .
In the Lake Charles, LA metropolitan statistical area, the housing market is booming. The average home price has increased by 7.5% in the last year, and is predicted to continue to rise at a similar rate in the coming years. The demand for housing is high, as more and more people are moving to the area for work or retirement. The supply of homes is relatively low, which is driving up prices.
The real estate market in Lake Charles is very strong right now, and it shows no signs of slowing down anytime soon. If you're thinking of buying a home in the area, now is a great time to do so. Prices are only going to continue to increase as demand remains high.