Luling LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Luling, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Luling Housing Market Information

With 12,111 people, 4,523 houses or apartments, and a median cost of homes of $268,084, Luling real estate is some of the most expensive in Louisiana, although Luling home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Luling, accounting for 88.72% of the town's housing units. Other types of housing that are prevalent in Luling include duplexes, homes converted to apartments or other small apartment buildings ( 4.54%), large apartment complexes or high rise apartments ( 3.43%), and a few mobile homes or trailers ( 2.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Luling. Owner-occupied housing accounts for 84.50% of Luling's homes, and 83.05% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Luling 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 Luling built between 1940-1969 ( 23.64%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.16%). There's also some housing in Luling built before 1939 ( 1.66%).

Luling Home Appreciation Rates

Real estate appreciation rates in Luling's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.22% during the period.

NeighborhoodScout's data show that during the latest twelve months, Luling's appreciation rate, at 4.34%, has been at or slightly above the national average. In the latest quarter, Luling's appreciation rate has been 1.69%, which annualizes to a rate of 6.94%.

Importantly, this makes Luling 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 Luling's latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$268,084

Luling, LA HOME PRICES

Value Range
> $1,141,000 0.5
$855,001 - $1,141,000 0.8
$570,001 - $855,000 0.9
$456,001 - $570,000 1.9
$342,001 - $456,000 10.6
$228,001 - $342,000 36.6
$114,001 - $228,000 37.7
$57,001 - $114,000 6.8
$0 - $57,000 4.1

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
26.0029197080292 3.11418685121107

Number Of Homes And Apartments:
4,523

Luling Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
64.35% 2.45%
5
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,787 / per month

Homeownership Rate

Homeownership
Owners 84.50
Renters 15.50
Vacant 3.58

Housing Market Details

 

Age of Homes

AGE OF Luling HOMES
2000 or Newer 15.2
1970 - 1999 59.5
1940 - 1969 23.6
1939 or Older 1.7

Types of Homes

TYPE OF Luling HOMES
Single-Family 88.7
Townhomes 1.1
Small Apt. Buildings 4.5
Apt. Complexes 3.4
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Luling HOMES
No Bedroom 0.77
1 Bedroom 2.22
2 Bedrooms 9.23
3 Bedrooms 49.12
4 Bedrooms 33.94
5 or more bedrooms 4.73

Popular Neighborhoods in Luling

Zip Codes in Luling, LA