Zip Code:

70552, Loreauville, LA

70552 is a Louisiana Zip code within the city of Loreauville and the county of Iberia Parish. Its population is roughly 1,616.

The Real Estate Market in the 70552 Zip Code of Loreauville, Louisiana

The Loreauville, LA zip code 70552 has a population of approximately 5,000 people. The median household income in this zip code is $48,000. The median home value in this zip code is $135,000.

Home equity and home prices are important indicators of the health of a local economy. When housing prices are high, it indicates that there is strong demand for homes and that people are able to afford to buy homes. When housing prices are low, it indicates that there is a shortage of homes and that people are unable to afford to buy homes.

In the Loreauville, LA zip code 70552, home equity and home prices have been growing steadily over the past few years. In 2017, the median home value was $135,000 which was an increase of 8% from 2016. The median home equity in 2017 was $101,500 which was also an increase of 8% from 2016. This trend shows that there is strong demand for homes in the Loreauville area and that people are able to afford to buy homes.

One reason why home values have been increasing in the Loreauville area is because there has been a steady influx of new residents into the area over the past few years. This influx of new residents has led to an increase in demand for housing and has therefore caused prices to rise accordingly. Additionally, the availability of affordable financing options has helped many homeowners purchase their homes outright rather than using traditional methods such as mortgages or HELOCs (home equity lines of credit). These affordable financing options have made it easier for homeowners to purchase their homes and have consequently increased their home values."

Price Index: Lafayette, LA

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