Median price for residential apartments in Addis, LA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
17 Addis, LA, USA apartments for sale
Addis
According to statistics, the population in Addis, LA amounts to 4,691, which shows growth 6% compared to the previous year. The median age of the city’s residents is 32. The average household income is $68,261, shifting growth 3% from the past year, and the average property value in Addis, LA growth 7% to $180,900 throughout the year.
| Population | 4,691 |
| Median Age | 32.2 |
| Poverty Rate | 10% |
| Household Income | $68,261 |
| Number Of Employees | 2,502 |
| Median Property Value | $180,900 |
Household Income
The average household income in Addis, LA grew from $65,956 to $68,261 in the past year. This data is an estimate based upon 1,692 households in Addis, LA . The chart below presents how household income is distributed in Addis, LA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Addis, LA shifted from $169,400 to $180,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Addis, LA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Addis, LA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Addis, LA compared to median property taxes around the country. The prevalent amount of property taxes in Addis, LA equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Addis, LA, USA
Average apartment sale in Addis: $329,445 (+4.3%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $471,250 | N/A |
| 2-bed apartments | $115,000 | N/A |
| 3-bed apartments | $310,172 | +19.8% |
| 4+ bed apartments | $353,000 | +11.3% |
During Nov 2022, the average price for an apartment in/near Addis, LA increased by 4.3% to $329,445.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $115,000. A 3-bed apartment goes for $310,172, it increased by 19.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 11.3% and made it up to $353,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $329,445 | +22.9% |
| Land for sale | $471,250 | N/A |
Price reports demonstrate that house price increased by 22.9% this month making it up to $329,445.