70583, Scott, LA

The home equity and home prices in the 70583 zip code of Scott, LA are reflective of the overall market conditions in the area. The median home value in this zip code is $119,000, which is lower than the statewide median of $169,900. However, this does not mean that there are not a number of homes for sale in this area. In fact, there are currently 88 homes for sale in the 70583 zip code and an average list price of $130,000. This indicates that there is a good selection of homes available for purchase at current market conditions.

When looking at home values over time, it is important to consider both inflation and population growth rates. Inflation has been relatively low over the past few years and has only averaged 2% annually. Population growth rates have been higher over the past few years and have averaged around 1%. These factors together result in a 0.8% increase in home values over the past three years.

When considering whether or not to buy a home in Scott, LA it is important to understand that prices can change rapidly depending on market conditions and your specific needs/wants for a property. It is always best to consult with an experienced real estate agent who can help you determine what properties are available at what price range and give you an overview of all of your options so that you can make an informed decision about buying or selling a property