Louisiana
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Louisiana Real Estate Market & Appreciation

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 Q4 2020. 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

Average Home Values

Median Home Value:
$169,004

Number Of Homes And Apartments:
1,739,497

Louisiana Home Prices

> $1,102,741
0.9%
0.9%
$827,102 - $1,102,741
0.9%
0.9%
$551,334 - $827,101
2.7%
2.7%
$441,037 - $551,333
3.1%
3.1%
$330,773 - $441,036
7.4%
7.4%
$220,517 - $330,772
18.7%
18.7%
$110,249 - $220,516
36.0%
36.0%
$55,137 - $110,248
17.9%
17.9%
$0 - $55,136
12.3%
12.3%
0.0% 100.0%
% OF HOMES

Louisiana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
1.23% 5.01%
1
Last 12 Months:
2019 Q4 - 2020 Q4
3.98% 3.98%
2
Last 2 Years:
2018 Q4 - 2020 Q4
7.94% 3.89%
2
Last 5 Years:
2015 Q4 - 2020 Q4
16.53% 3.11%
2
Last 10 Years:
2010 Q4 - 2020 Q4
26.44% 2.37%
3
Since 2000:
2000 Q1 - 2020 Q4
91.02% 3.17%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,115 / per month

Homeownership Rate

Owners
63.8%
63.8%
Renters
36.2%
36.2%
Vacant
15.6%
15.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
21.4%
21.4%
1970 - 1999
45.7%
45.7%
1940 - 1969
26.3%
26.3%
1939 or Older
6.7%
6.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
65.3%
65.3%
Townhomes
2.7%
2.7%
Small Apt. Buildings
8.2%
8.2%
Apt. Complexes
10.5%
10.5%
Mobile Homes
13.1%
13.1%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
8.9%
8.9%
2 Bedrooms
24.5%
24.5%
3 Bedrooms
48.0%
48.0%
4 Bedrooms
15.0%
15.0%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES