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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Belle Chasse Housing Market Information

With 12,902 people, 5,109 houses or apartments, and a median cost of homes of $328,830, 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 59.18% 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 ( 12.90%), row houses and other attached homes ( 11.39%), and a few mobile homes or trailers ( 8.84%).

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 56.01% owning and 43.99% 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 2000 and later ( 25.37%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.35%). There's also some housing in Belle Chasse built before 1939 ( 1.82%).

Belle Chasse Home Appreciation Rates

Real estate appreciation rates in Belle Chasse's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.33% during the period.

Appreciation rates are so strong in Belle Chasse that despite a nationwide downturn in the housing market, Belle Chasse real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Belle Chasse appreciation rates continue to be some of the highest in America, at 4.89%, which is higher than appreciation rates in 71.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Belle Chasse. Belle Chasse appreciation rates in the latest quarter were at 2.77%, which equates to an annual appreciation rate of 11.56%.

Importantly, this makes Belle Chasse one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$328,830

Belle Chasse, LA HOME PRICES

Value Range
> $1,134,000 0.2
$851,001 - $1,134,000 0.5
$567,001 - $851,000 2.3
$454,001 - $567,000 9.9
$340,001 - $454,000 20.4
$227,001 - $340,000 28.7
$114,001 - $227,000 19.5
$57,001 - $114,000 5.7
$0 - $57,000 12.9

Very High for LA
Very High for Nation

Value Relative to Nation Value Relative to State
16.7299270072993 0.346020761245675

Number Of Homes And Apartments:
5,109

Belle Chasse Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
69.23% 2.73%
6
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,232 / per month

Homeownership Rate

Homeownership
Owners 56.01
Renters 43.99
Vacant 7.02

Housing Market Details

 

Age of Homes

AGE OF Belle Chasse HOMES
2000 or Newer 25.4
1970 - 1999 47.5
1940 - 1969 25.4
1939 or Older 1.8

Types of Homes

TYPE OF Belle Chasse HOMES
Single-Family 59.2
Townhomes 11.4
Small Apt. Buildings 12.9
Apt. Complexes 7.7
Mobile Homes 8.8
Other 0.0

Home Size

SIZE OF Belle Chasse HOMES
No Bedroom 0.00
1 Bedroom 5.68
2 Bedrooms 18.76
3 Bedrooms 48.64
4 Bedrooms 22.04
5 or more bedrooms 4.88

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Zip Codes in Belle Chasse, LA