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 228,590 people, 88,476 houses or apartments, and a median cost of homes of $165,793, Baton Rouge real estate is some of the most expensive in Louisiana, although Baton Rouge home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Baton Rouge, accounting for 58.08% of the city's housing units. Other types of housing that are prevalent in Baton Rouge include large apartment complexes or high rise apartments ( 28.66%), duplexes, homes converted to apartments or other small apartment buildings ( 9.79%), and a few row houses and other attached homes ( 2.46%).
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 48.11% owning and 51.89% 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 ( 39.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.67%). There's also some housing in Baton Rouge built before 1939 ( 5.36%).
Vacant housing appears to be an issue in Baton Rouge. Fully 13.44% 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.
Appreciation rates for homes in Baton Rouge have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.81%, which ranks in the top 30% nationwide. This equates to an annual average Baton Rouge house appreciation rate of 1.03%.
NeighborhoodScout's data show that during the latest twelve months, Baton Rouge's appreciation rate, at 4.38%, has been at or slightly above the national average. In the latest quarter, Baton Rouge's appreciation rate has been 3.69%, which annualizes to a rate of 15.60%.
Importantly, this makes Baton Rouge one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
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.
|$847,001 - $1,130,000||2.1|
|$565,001 - $847,000||2.2|
|$452,001 - $565,000||3.8|
|$339,001 - $452,000||7.1|
|$226,001 - $339,000||14.2|
|$113,001 - $226,000||36.2|
|$56,001 - $113,000||24.0|
|$0 - $56,000||9.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
2000 Q1 - 2017 Q2
|* 10 is highest|
|AGE OF Baton Rouge HOMES|
|2000 or Newer||11.7|
|1970 - 1999||43.6|
|1940 - 1969||39.3|
|1939 or Older||5.4|
|TYPE OF Baton Rouge HOMES|
|Small Apt. Buildings||9.8|
|SIZE OF Baton Rouge HOMES|
|5 or more bedrooms||2.23|