Ball, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ball, LA Real Estate Data


Ball Housing Market Information

With 3,990 people, 1,413 houses or apartments, and a median cost of homes of $133,687, 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 74.62% of the town's housing units. Other types of housing that are prevalent in Ball include mobile homes or trailers ( 14.20%), duplexes, homes converted to apartments or other small apartment buildings ( 6.17%), and a few large apartment complexes or high rise apartments ( 3.22%).

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 73.19% of Ball's homes, and 77.98% 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 ( 25.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.55%).

Ball Home Appreciation Rates

In the last 10 years, Ball has experienced some of the highest home appreciation rates of any community in the nation. Ball real estate appreciated 19.33% over the last ten years, which is an average annual home appreciation rate of 1.78%, putting Ball in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ball definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 2.24%, 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 1.10%, which equates to an annual appreciation rate of 4.46%.

Relative to Louisiana, our data show that Ball's latest annual appreciation rate is lower than 80% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$133,687

Ball, LA HOME PRICES

Value Range
> $1,077,000 0.9
$807,001 - $1,077,000 0.0
$539,001 - $807,000 0.4
$431,001 - $539,000 0.9
$323,001 - $431,000 0.1
$215,001 - $323,000 14.7
$108,001 - $215,000 43.4
$54,001 - $108,000 21.4
$0 - $54,000 18.3

High for LA
Average for Nation

Value Relative to Nation Value Relative to State
58.8335187679335 32.2916666666667

Number Of Homes And Apartments:
1,413

Rent & Ownership

 

Average Market Rent:
$730 / per month

Homeownership Rate

Homeownership
Owners 73.19
Renters 26.81
Vacant 3.09

Housing Market Details

 

Age of Homes

AGE OF Ball HOMES
2000 or Newer 19.5
1970 - 1999 54.9
1940 - 1969 25.5
1939 or Older 0.0

Types of Homes

TYPE OF Ball HOMES
Single-Family 74.6
Townhomes 1.8
Small Apt. Buildings 6.2
Apt. Complexes 3.2
Mobile Homes 14.2
Other 0.0

Home Size

SIZE OF Ball HOMES
No Bedroom 0.69
1 Bedroom 2.33
2 Bedrooms 18.45
3 Bedrooms 64.54
4 Bedrooms 13.44
5 or more bedrooms 0.55

Ball Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
52.67% 2.52% 4 6
* 10 is highest