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 about Scout's Real Estate Data
With a population of 220,236, 85,263 total housing units (homes and apartments), and a median house value of $174,894, Baton Rouge 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 Baton Rouge, accounting for 57.55% of the city's housing units. Other types of housing that are prevalent in Baton Rouge include large apartment complexes or high rise apartments ( 29.11%), duplexes, homes converted to apartments or other small apartment buildings ( 9.14%), and a few row houses and other attached homes ( 3.07%).
The most prevalent building size and type in Baton Rouge are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.24% owning and 52.76% renting.
There is a lot of housing in Baton Rouge 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 Baton Rouge built between 1940-1969 ( 35.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.08%). There's also some housing in Baton Rouge built before 1939 ( 5.37%).
Vacant housing appears to be an issue in Baton Rouge. Fully 16.15% of the housing stock is classified as vacant. Left unchecked, vacant Baton Rouge homes and apartments can be a drag on the real estate market, holding Baton Rouge 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.
Real estate appreciation rates in Baton Rouge's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.07% during the period.
Appreciation rates are so strong in Baton Rouge that despite a nationwide downturn in the housing market, Baton Rouge real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Baton Rouge appreciation rates continue to be some of the highest in America, at 5.07%, which is higher than appreciation rates in 72.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Baton Rouge. Baton Rouge appreciation rates in the latest quarter were at 1.17%, which equates to an annual appreciation rate of 4.78%.
Relative to Louisiana, our data show that Baton Rouge's latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Baton Rouge differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Baton Rouge - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Baton Rouge real estate investment or home purchase decisions.
|$862,001 - $1,150,000||2.0|
|$575,001 - $862,000||3.1|
|$460,001 - $575,000||4.2|
|$345,001 - $460,000||6.8|
|$230,001 - $345,000||15.9|
|$115,001 - $230,000||34.5|
|$58,001 - $115,000||23.7|
|$0 - $58,000||8.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
2000 Q1 - 2020 Q3
|* 10 is highest|
|AGE OF Baton Rouge HOMES|
|2000 or Newer||15.1|
|1970 - 1999||43.7|
|1940 - 1969||35.8|
|1939 or Older||5.4|
|TYPE OF Baton Rouge HOMES|
|Small Apt. Buildings||9.1|
|SIZE OF Baton Rouge HOMES|
|5 or more bedrooms||1.89|