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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 3,978, 1,368 total housing units (homes and apartments), and a median house value of $108,467, 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 78.21% of the town's housing units. Other types of housing that are prevalent in Ball include mobile homes or trailers ( 15.21%), duplexes, homes converted to apartments or other small apartment buildings ( 5.75%).
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 62.25% owning and 37.75% 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 ( 35.85%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.72%).
Vacant housing appears to be an issue in Ball. Fully 12.59% 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'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 1.60%, which is lower than 70% 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 2.04%, 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 -0.35%, which equates to an annual appreciation rate of -1.38%.
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.
|$791,001 - $1,055,000||0.0|
|$528,001 - $791,000||0.7|
|$422,001 - $528,000||3.3|
|$316,001 - $422,000||4.4|
|$211,001 - $316,000||9.2|
|$105,001 - $211,000||37.4|
|$53,001 - $105,000||30.3|
|$0 - $53,000||14.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
2000 Q1 - 2020 Q1
|* 10 is highest|
|AGE OF Ball HOMES|
|2000 or Newer||12.7|
|1970 - 1999||50.5|
|1940 - 1969||35.8|
|1939 or Older||1.0|
|TYPE OF Ball HOMES|
|Small Apt. Buildings||5.8|
|SIZE OF Ball HOMES|
|5 or more bedrooms||5.18|