menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Amite, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Amite, LA Housing Market Trends

With a population of 4,044, 1,505 total housing units (homes and apartments), and a median house value of $262,276, Amite real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Amite, accounting for 80.28% of the town's housing units. Other types of housing that are prevalent in Amite include mobile homes or trailers ( 12.21%), duplexes, homes converted to apartments or other small apartment buildings ( 4.76%), and a few large apartment complexes or high rise apartments ( 2.74%).

The most prevalent building size and type in Amite are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 45.44% owning and 54.56% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Amite's housing was primarily built during this period, from the '40s through the '60s. A full 47.19% of the town's housing hails from this era. Other housing ages represented in Amite include homes built between 1970-1999 ( 32.49%) and housing constructed between 2000 and later ( 14.19%). There's also some housing in Amite built before 1939 ( 6.13%).

Vacant housing appears to be an issue in Amite. Fully 23.72% of the housing stock is classified as vacant. Left unchecked, vacant Amite homes and apartments can be a drag on the real estate market, holding Amite 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.

Amite Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Amite, where house values have increased just 48.83%, which is annualized rate of 4.06%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Amite appreciation rates have trailed the rest of the nation. In the last twelve months, Amite's appreciation rate has been 2.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Amite were at 6.78%, which equates to an annual appreciation rate of 30.02%.

Importantly, this makes Amite one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

Median Home Value

$262,276

Amite, LA Home Prices
> $1,201,000
$901,001 - $1,201,000
$600,001 - $901,000
$481,001 - $600,000
$361,001 - $481,000
$240,001 - $361,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
0.0%
0.0%
0.0%
0.0%
0.4%
0.4%
1.9%
1.9%
10.1%
10.1%
19.5%
19.5%
51.7%
51.7%
9.3%
9.3%
7.1%
7.1%
0% 100.0%
% of Homes
Very High

for Louisiana

Average

for nation

Number of Homes And Apartments:

1,505

Amite Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,157 / per month

Homeownership Rate

Owners
Renters
45.4%
45.4%
54.6%
54.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
23.7%
23.7%
76.3%
76.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.2%
14.2%
32.5%
32.5%
47.2%
47.2%
6.1%
6.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.3%
80.3%
0.0%
0.0%
4.8%
4.8%
2.7%
2.7%
12.2%
12.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
5.1%
5.1%
30.1%
30.1%
55.5%
55.5%
6.1%
6.1%
3.1%
3.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Amite

Zip Codes in Amite, LA