Ball, LA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ball, LA Housing Market Trends

With a population of 3,935, 1,332 total housing units (homes and apartments), and a median house value of $120,894, house prices in Ball are solidly below the national average.

Single-family detached homes are the single most common housing type in Ball, accounting for 76.41% of the town's housing units. Other types of housing that are prevalent in Ball include mobile homes or trailers ( 18.26%), duplexes, homes converted to apartments or other small apartment buildings ( 4.44%).

The most prevalent building size and type in Ball are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.63% owning and 40.37% renting.

There is a lot of housing in Ball built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ball built between 1940-1969 ( 34.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.09%).

Vacant housing appears to be an issue in Ball. Fully 15.54% of the housing stock is classified as vacant. Left unchecked, vacant Ball homes and apartments can be a drag on the real estate market, holding Ball real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Ball Home Appreciation Rates

Ball's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ball during the period has been just 2.18%, which is lower than 80% of US communities.

Over the last year, Ball appreciation rates have trailed the rest of the nation. In the last twelve months, Ball's appreciation rate has been 3.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ball were at 1.54%, which equates to an annual appreciation rate of 6.32%.

Notably, Ball's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Louisiana, our data show that Ball's latest annual appreciation rate is lower than 50% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$120,894

Ball, LA HOME PRICES

> $1,073,000
0.5%
0.5%
$805,001 - $1,073,000
0.0%
0.0%
$537,001 - $805,000
0.9%
0.9%
$429,001 - $537,000
3.1%
3.1%
$322,001 - $429,000
5.4%
5.4%
$215,001 - $322,000
9.5%
9.5%
$107,001 - $215,000
41.8%
41.8%
$53,001 - $107,000
28.0%
28.0%
$0 - $53,000
10.9%
10.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for LA

Value Relative To Nation

Number Of Homes And Apartments:
1,332

Ball Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
67.23% 2.42%
4
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,235 / per month

Homeownership Rate

Owners
59.6%
59.6%
Renters
40.4%
40.4%
Vacant
15.5%
15.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
15.1%
15.1%
1970 - 1999
49.8%
49.8%
1940 - 1969
34.2%
34.2%
1939 or Older
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
76.4%
76.4%
Townhomes
0.0%
0.0%
Small Apt. Buildings
4.4%
4.4%
Apt. Complexes
0.9%
0.9%
Mobile Homes
18.3%
18.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
0.0%
0.0%
2 Bedrooms
22.8%
22.8%
3 Bedrooms
52.4%
52.4%
4 Bedrooms
19.3%
19.3%
5 or more bedrooms
5.6%
5.6%
0.0% 100.0%
% OF HOMES