70601, Lake Charles, LA

Lake Charles, Louisiana is located in the southwestern region of the United States. The city has a population of around 100,000 people and is home to several colleges and universities. The economy of Lake Charles is based largely on agriculture, fishing, tourism, and manufacturing.

Home equity in the 70601 zip code of Lake Charles has been on a steady rise over the past few years. In January 2016, the median home value was $137,500 according to Zillow. This figure has increased by almost 20% since then and currently stands at $160,000. This increase in home values can be attributed to several factors including an improving economy and low interest rates.

The average price per square foot for homes in the 70601 zip code is also increasing rapidly. In January 2016, this figure was $102 per square foot according to Zillow. This figure has increased by almost 25% since then and currently stands at $128 per square foot. Again, this increase can be attributed to an improving economy as well as low interest rates which are making it more affordable for buyers to purchase homes.