70065, Kenner, LA

Home equity is the difference between what a home is worth and what a homeowner owes on that home. Home prices are the amount that homeowners are willing to pay for a property. In Kenner, LA, both home equity and home prices have been on the rise in recent years.

According to Zillow, as of September 2017, the median home value in Kenner was $269,200. This represents an increase of 9% from 2016 and an increase of 12% from 2015.

The reason for this growth can be attributed to several factors. First, Kenner has seen an influx of new residents due to its proximity to New Orleans and Baton Rouge. Second, many homeowners have been able to refinance their mortgages in order to take advantage of historically low interest rates. Finally, Kenner has experienced relatively low levels of foreclosure activity over the past few years which has helped keep prices high.

Despite these positive trends, there are some risks associated with buying or owning a home in Kenner right now. First and foremost is the fact that interest rates are likely going to go up eventually which would lead to lower values for homes in the area. Additionally, although there has been little foreclosure activity recently, it's still possible that this trend could change at any time and lead to more homes being sold at auction or through short sales (where a homeowner sells their house without first getting approval from their lender). Finally, although prices have increased significantly over the past few years, they may not continue doing so indefinitely – if incomes don't grow faster than inflation then people may start feeling more pressure about paying top dollar for property in Kenner."