Belle Chasse, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Belle Chasse, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Belle Chasse Housing Market Information

With a population of 12,902, 4,993 total housing units (homes and apartments), and a median house value of $284,430, Belle Chasse real estate is some of the most expensive in Louisiana, although Belle Chasse home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Belle Chasse, accounting for 58.67% of the town's housing units. Other types of housing that are prevalent in Belle Chasse include duplexes, homes converted to apartments or other small apartment buildings ( 15.21%), row houses and other attached homes ( 10.23%), and a few mobile homes or trailers ( 8.19%).

The most prevalent building size and type in Belle Chasse are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.93% owning and 47.07% renting.

There is a lot of housing in Belle Chasse 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 Belle Chasse built between 1940-1969 ( 24.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.07%). There's also some housing in Belle Chasse built before 1939 ( 1.79%).

Belle Chasse Home Appreciation Rates

Appreciation rates for homes in Belle Chasse have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.93%, which ranks in the top 40% nationwide. This equates to an annual average Belle Chasse house appreciation rate of 0.48%.

Over the last year, Belle Chasse appreciation rates have trailed the rest of the nation. In the last twelve months, Belle Chasse's appreciation rate has been 1.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Belle Chasse were at -1.40%, which equates to an annual appreciation rate of -5.49%.

Notably, Belle Chasse's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Louisiana, our data show that Belle Chasse's latest annual appreciation rate is higher than 50% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$284,430

Belle Chasse, LA HOME PRICES

Value Range
> $1,062,000 0.0
$797,001 - $1,062,000 0.3
$531,001 - $797,000 5.2
$425,001 - $531,000 5.0
$319,001 - $425,000 20.1
$212,001 - $319,000 29.7
$106,001 - $212,000 20.4
$53,001 - $106,000 8.7
$0 - $53,000 10.5

Very High for LA
Very High for Nation

Value Relative to Nation Value Relative to State
17.9831243407946 1.04529616724739

Number Of Homes And Apartments:
4,993

Belle Chasse Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
58.94% 2.72% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,039 / per month

Homeownership Rate

Homeownership
Owners 52.93
Renters 47.07
Vacant 7.95

Housing Market Details

 

Age of Homes

AGE OF Belle Chasse HOMES
2000 or Newer 22.1
1970 - 1999 51.6
1940 - 1969 24.5
1939 or Older 1.8

Types of Homes

TYPE OF Belle Chasse HOMES
Single-Family 58.7
Townhomes 10.2
Small Apt. Buildings 15.2
Apt. Complexes 7.7
Mobile Homes 8.2
Other 0.0

Home Size

SIZE OF Belle Chasse HOMES
No Bedroom 0.00
1 Bedroom 6.08
2 Bedrooms 24.06
3 Bedrooms 45.46
4 Bedrooms 19.08
5 or more bedrooms 5.31

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Zip Codes in Belle Chasse, LA