70570, Opelousas, LA

The Opelousas, Louisiana zip code 70570 has a population of around 36,000 people. The median household income in this zip code is $47,500. Home prices in the 70570 zip code have increased significantly over the past few years. In March of 2016, the median home price was $146,000. As of September 2017, the median home price was $179,000. This represents an increase of over 50% in just three years!

There are a number of reasons why home prices in the 70570 zip code have increased so much over the past few years. One reason is that Opelousas is a growing city and there are more people looking to buy or sell homes here. Additionally, there is a high demand for housing due to the strong economy and low unemployment rates in Louisiana.

Despite these positive factors, there are also some risks associated with buying or selling homes in the 70570 zip code. One risk is that interest rates could rise and make it more difficult for people to afford homes. Another risk is that the market could suddenly decline and lead to a decrease in home prices. It’s important for buyers and sellers to do their research before making any decisions about buying or selling a home in the 70570 zip code