Kenner, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kenner Neighborhoods Since 2000




Kenner, 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

Kenner Housing Market Information

With 67,091 people, 25,243 houses or apartments, and a median cost of homes of $197,243, Kenner real estate is some of the most expensive in Louisiana, although Kenner home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Kenner, accounting for 55.14% of the city's housing units. Other types of housing that are prevalent in Kenner include large apartment complexes or high rise apartments ( 22.78%), duplexes, homes converted to apartments or other small apartment buildings ( 16.44%), and a few row houses and other attached homes ( 3.96%).

The most prevalent building size and type in Kenner are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.23% owning and 41.77% renting.

There is a lot of housing in Kenner 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 Kenner built between 1940-1969 ( 21.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.91%). There's also some housing in Kenner built before 1939 ( 1.25%).

Vacant housing appears to be an issue in Kenner. Fully 13.37% of the housing stock is classified as vacant. Left unchecked, vacant Kenner homes and apartments can be a drag on the real estate market, holding Kenner 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.

Kenner Home Appreciation Rates

Real estate appreciation rates in Kenner's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.51% during the period.

Over the last year, Kenner appreciation rates have trailed the rest of the nation. In the last twelve months, Kenner's appreciation rate has been 2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kenner were at -1.40%, which equates to an annual appreciation rate of -5.49%.

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

Relative to Louisiana, our data show that Kenner's latest annual appreciation rate is higher than 70% 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 Kenner differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kenner - 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 Kenner real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$197,243

Kenner, LA HOME PRICES

Value Range
> $1,099,000 0.6
$824,001 - $1,099,000 0.4
$550,001 - $824,000 2.2
$440,001 - $550,000 2.5
$330,001 - $440,000 6.1
$220,001 - $330,000 23.5
$110,001 - $220,000 52.6
$55,001 - $110,000 8.2
$0 - $55,000 4.0

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
32.9309738661666 8.01393728222996

Number Of Homes And Apartments:
25,243

Kenner 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
37.86% 1.88% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,138 / per month

Homeownership Rate

Homeownership
Owners 58.23
Renters 41.77
Vacant 13.37

Housing Market Details

 

Age of Homes

AGE OF Kenner HOMES
2000 or Newer 5.9
1970 - 1999 71.3
1940 - 1969 21.6
1939 or Older 1.2

Types of Homes

TYPE OF Kenner HOMES
Single-Family 55.1
Townhomes 4.0
Small Apt. Buildings 16.4
Apt. Complexes 22.8
Mobile Homes 1.6
Other 0.1

Home Size

SIZE OF Kenner HOMES
No Bedroom 2.56
1 Bedroom 14.37
2 Bedrooms 25.90
3 Bedrooms 39.26
4 Bedrooms 15.83
5 or more bedrooms 2.07