70460, Slidell, LA

The Slidell, Louisiana home equity and home prices are reflective of the overall market conditions in the area. The current average home value in the 70460 zip code is $191,000. This is down from a high of $248,000 in 2007 but up from $157,000 in 2000. The median home value is also down from its 2007 peak at $158,500 but has recovered to around its 2000 level.

There are a number of factors that have contributed to the slide in home values over the past few years including increased competition for homes due to population growth and an influx of new residents into Slidell; low interest rates which have made it more affordable for people to borrow money to purchase a home; and decreased demand for homes as families move out of state or out of Slidell altogether because they can no longer afford to live here.

Despite these challenges, there are still some homeowners who have been able to benefit from rising prices over the past few years. Those who bought their homes within the last three years or so have seen their values increase significantly faster than those who bought before that time period. Additionally, those who own their homes free and clear (without any mortgages) have seen their values increase even more rapidly than those with mortgages.