Housing Market Update for St.Tammany Parish
As the population grows so do home values alike. Here in St.Tammany the average home price in 2011 was $211,200 with the average time to sell being 95 days. Fast forward to this year, 2021 and the average price is $297,700 with the average sell time of 34 days.This is a 41% appreciation over 10 years and considered a stable housing market according to the National Association of Realtors.
Mortgage rates still in the low 3%'s have kept the demand for homeownership at a record level. If you would like to see an accurate estimate of your homes value visit www.NolaHomeValues.com