70785, Walker, LA

The Walker, Louisiana zip code 70785 has a population of around 16,000 people. The median household income in this zip code is around $50,000. Home prices in the Walker area have been increasing rapidly over the past few years, and as of September 2017 the median home price was $154,900. This is a significant increase from just two years ago when the median home price was only $120,000.

There are a number of factors contributing to the rapid increase in home prices in Walker. One reason is that there is a strong demand for homes in this area due to its proximity to major cities such as Baton Rouge and New Orleans. Additionally, Walker has been experiencing an influx of new residents who are looking for affordable housing options. Finally, there has been an increase in investment activity in the area which has led to an increased demand for residential property.

Despite these positive factors, there are also some potential risks associated with high home prices in Walker. One risk is that if interest rates rise or if economic conditions change then homeowners could find it difficult to sell their homes at current prices. Another risk is that if more people decide to buy homes in Walker then the availability of available properties could decrease significantly which would lead to further price increases.