Ball, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Ball, LA Real Estate Data

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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ball Housing Market Information

With 4,015 people, 1,441 houses or apartments, and a median cost of homes of $121,191, 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 81.21% of the town's housing units. Other types of housing that are prevalent in Ball include mobile homes or trailers ( 13.20%), duplexes, homes converted to apartments or other small apartment buildings ( 3.97%), and a few large apartment complexes or high rise apartments ( 1.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ball. Owner-occupied housing accounts for 67.79% of Ball's homes, and 74.32% have either three or four bedrooms, which is average sized relative to America.

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 ( 27.70%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.73%). There's also some housing in Ball built before 1939 ( 1.24%).

Ball Home Appreciation Rates

Appreciation rates for homes in Ball have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 18.25%, which ranks in the top 50% nationwide. This equates to an annual average Ball house appreciation rate of 1.69%.

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 1.27%, 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 2.53%, which equates to an annual appreciation rate of 10.49%.

Importantly, this makes Ball 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 Ball's latest annual appreciation rate is lower than 60% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$121,191

Ball, LA HOME PRICES

Value Range
> $1,090,000 0.0
$818,001 - $1,090,000 0.0
$545,001 - $818,000 0.5
$436,001 - $545,000 2.5
$327,001 - $436,000 2.5
$218,001 - $327,000 9.0
$109,001 - $218,000 42.2
$54,001 - $109,000 30.8
$0 - $54,000 12.4

Average for LA
Low for Nation

Value Relative to Nation Value Relative to State
71.556204379562 49.4809688581315

Number Of Homes And Apartments:
1,441

Ball Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
59.12% 2.41%
4
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,116 / per month

Homeownership Rate

Homeownership
Owners 67.79
Renters 32.21
Vacant 6.31

Housing Market Details

 

Age of Homes

AGE OF Ball HOMES
2000 or Newer 10.7
1970 - 1999 60.3
1940 - 1969 27.7
1939 or Older 1.2

Types of Homes

TYPE OF Ball HOMES
Single-Family 81.2
Townhomes 0.0
Small Apt. Buildings 4.0
Apt. Complexes 1.6
Mobile Homes 13.2
Other 0.0

Home Size

SIZE OF Ball HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 24.12
3 Bedrooms 63.98
4 Bedrooms 10.34
5 or more bedrooms 1.56