Coushatta, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Coushatta, 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

Coushatta Housing Market Information

With 1,852 people, 818 houses or apartments, and a median cost of homes of $64,434, house prices in Coushatta are some of the most affordable in Louisiana as well as the nation.

Single-family detached homes are the single most common housing type in Coushatta, accounting for 61.11% of the town's housing units. Other types of housing that are prevalent in Coushatta include duplexes, homes converted to apartments or other small apartment buildings ( 20.13%), large apartment complexes or high rise apartments ( 9.38%), and a few mobile homes or trailers ( 8.13%).

The most prevalent building size and type in Coushatta are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 43.95% owning and 56.05% renting.

There is a lot of housing in Coushatta 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 Coushatta built between 1940-1969 ( 26.07%). A lesser amount of the housing stock also hails from before 1939 ( 6.78%). There's also some housing in Coushatta built between 2000 and later ( 4.28%).

Vacant housing appears to be an issue in Coushatta. Fully 14.70% of the housing stock is classified as vacant. Left unchecked, vacant Coushatta homes and apartments can be a drag on the real estate market, holding Coushatta 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.

Coushatta Home Appreciation Rates

Appreciation rates for homes in Coushatta have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.37%, which ranks in the top 30% nationwide. This equates to an annual average Coushatta house appreciation rate of 0.99%.

Over the last year, Coushatta appreciation rates have trailed the rest of the nation. In the last twelve months, Coushatta's appreciation rate has been -0.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coushatta were at -0.90%, which equates to an annual appreciation rate of -3.57%.

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

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

Average Home Values

 

Median Home Value:
$64,434

Coushatta, LA HOME PRICES

Value Range
> $1,066,000 0.0
$800,001 - $1,066,000 0.0
$533,001 - $800,000 0.0
$426,001 - $533,000 1.4
$320,001 - $426,000 0.8
$213,001 - $320,000 4.6
$106,001 - $213,000 13.5
$53,001 - $106,000 32.9
$0 - $53,000 46.9

Very Low for LA
Very Low for Nation

Value Relative to Nation Value Relative to State
96.953005976796 94.4250871080139

Number Of Homes And Apartments:
818

Coushatta 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
69.01% 3.09% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$600 / per month

Homeownership Rate

Homeownership
Owners 43.95
Renters 56.05
Vacant 14.70

Housing Market Details

 

Age of Homes

AGE OF Coushatta HOMES
2000 or Newer 4.3
1970 - 1999 62.9
1940 - 1969 26.1
1939 or Older 6.8

Types of Homes

TYPE OF Coushatta HOMES
Single-Family 61.1
Townhomes 1.3
Small Apt. Buildings 20.1
Apt. Complexes 9.4
Mobile Homes 8.1
Other 0.0

Home Size

SIZE OF Coushatta HOMES
No Bedroom 1.88
1 Bedroom 17.21
2 Bedrooms 17.31
3 Bedrooms 53.70
4 Bedrooms 8.97
5 or more bedrooms 0.94

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Zip Codes in Coushatta, LA