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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Boyce, LA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Boyce, LA Housing Market Trends

With 876 people, 408 houses or apartments, and a median cost of homes of $213,217, house prices in Boyce are solidly below the national average.

Single-family detached homes are the single most common housing type in Boyce, accounting for 65.22% of the town's housing units. Other types of housing that are prevalent in Boyce include duplexes, homes converted to apartments or other small apartment buildings ( 16.45%), mobile homes or trailers ( 15.69%), and a few row houses and other attached homes ( 1.51%).

The most prevalent building size and type in Boyce are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 44.36% owning and 55.64% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Boyce's housing was primarily built during this period, from the '40s through the '60s. A full 45.94% of the town's housing hails from this era. Other housing ages represented in Boyce include homes built between 1970-1999 ( 29.30%) and housing constructed before 1939 ( 16.82%). There's also some housing in Boyce built between 2000 and later ( 7.94%).

Vacant housing appears to be an issue in Boyce. Fully 22.87% of the housing stock is classified as vacant. Left unchecked, vacant Boyce homes and apartments can be a drag on the real estate market, holding Boyce 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.

Boyce Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Boyce, where house values have increased just 41.30%, which is annualized rate of 3.52%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Boyce's appreciation rate, at 5.51%, has been at or slightly above the national average. In the latest quarter, Boyce's appreciation rate has been -1.58%, which annualizes to a rate of -6.15%.

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

Relative to Louisiana, our data show that Boyce's latest annual appreciation rate is higher than 90% of the other cities and towns in Louisiana.

Average Home Values

Median Home Value

$213,217

Boyce, LA Home Prices
> $1,200,000
$900,001 - $1,200,000
$600,001 - $900,000
$480,001 - $600,000
$360,001 - $480,000
$240,001 - $360,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
13.9%
13.9%
4.0%
4.0%
26.3%
26.3%
22.6%
22.6%
17.8%
17.8%
15.5%
15.5%
0% 100.0%
% of Homes
High

for Louisiana

Low

for nation

Number of Homes And Apartments:

408

Boyce Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,212 / per month

Homeownership Rate

Owners
Renters
44.4%
44.4%
55.6%
55.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
22.9%
22.9%
77.1%
77.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.9%
7.9%
29.3%
29.3%
45.9%
45.9%
16.8%
16.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.2%
65.2%
1.5%
1.5%
16.4%
16.4%
1.1%
1.1%
15.7%
15.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
5.7%
5.7%
41.6%
41.6%
37.8%
37.8%
14.9%
14.9%
0.0%
0.0%
0% 100.0%
% of Homes