Baker appreciation rates and housing market information

Baker housing market information

With a population of 13,555, 5,313 total housing units (homes and apartments), and a median house value of $125,585, house prices in Baker are solidly below the national average.

single-family detached homes are the single most common housing type in Baker, accounting for 71.13% of the city's housing units. Other types of housing that are prevalent in Baker include duplexes, homes converted to apartments, or other small apartment buildings (10.41%), large apartment complexes or high rise apartments (8.55%), mobile homes or trailers (7.96%), and a few row houses and other attached homes (1.20%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Baker. Owner-occupied housing accounts for 66.12% of Baker's homes, and 69.36% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Baker built from 1970-1994, 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 Baker built from 1940-1969 (37.83%). A lesser amount of the housing stock also hails from 1995 and later (10.58%), and some were built from 1939 and earlier (10.58%).

Baker home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Baker, where house values have increased just 33.95%, which is an average annual increase of 3.39%. NeighborhoodScout's data show that in the latest quarter, Baker house values appreciated 0.11%, which is an annualized rate of 0.44%. This rate is lower than the appreciation rate found in 60% of the cities and towns in America.

Over the last year, Baker appreciation rates have trailed the rest of the nation. In the last twelve months, Baker's appreciation rate has been -1.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Baker were at 0.11%, which equates to an annual appreciation rate of 0.44%.

Relative to Louisiana, our data show that Baker's latest annual appreciation rate is higher than 15% of the other cities and towns in Louisiana.