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 Q3 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

Luling Housing Market Information

With a population of 12,111, 4,486 total housing units (homes and apartments), and a median house value of $265,762, 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 87.48% of the town's housing units. Other types of housing that are prevalent in Luling include large apartment complexes or high rise apartments ( 4.24%), mobile homes or trailers ( 3.64%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.18%).

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 84.82% of Luling's homes, and 82.59% 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 ( 22.34%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.14%). There's also some housing in Luling built before 1939 ( 1.86%).

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 1.63% during the period.

NeighborhoodScout's data show that during the latest twelve months, Luling's appreciation rate, at 4.36%, has been at or slightly above the national average. In the latest quarter, Luling's appreciation rate has been 1.42%, which annualizes to a rate of 5.81%.

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:
$265,762

Luling, LA HOME PRICES

Value Range
> $1,140,000 0.8
$855,001 - $1,140,000 0.0
$570,001 - $855,000 0.9
$456,001 - $570,000 1.4
$342,001 - $456,000 11.8
$228,001 - $342,000 32.6
$114,001 - $228,000 40.7
$57,001 - $114,000 7.0
$0 - $57,000 4.8

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
25.156204379562 2.42214532871972

Number Of Homes And Apartments:
4,486

Luling Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
58.94% 2.37%
4
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,708 / per month

Homeownership Rate

Homeownership
Owners 84.82
Renters 15.18
Vacant 5.00

Housing Market Details

 

Age of Homes

AGE OF Luling HOMES
2000 or Newer 16.1
1970 - 1999 59.7
1940 - 1969 22.3
1939 or Older 1.9

Types of Homes

TYPE OF Luling HOMES
Single-Family 87.5
Townhomes 1.5
Small Apt. Buildings 3.2
Apt. Complexes 4.2
Mobile Homes 3.6
Other 0.0

Home Size

SIZE OF Luling HOMES
No Bedroom 0.83
1 Bedroom 1.76
2 Bedrooms 10.04
3 Bedrooms 50.61
4 Bedrooms 31.98
5 or more bedrooms 4.79

Popular Neighborhoods in Luling

Zip Codes in Luling, LA