Mandeville, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mandeville Neighborhoods Since 2000




Mandeville, 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

Mandeville Housing Market Information

With 12,345 people, 4,750 houses or apartments, and a median cost of homes of $209,080, Mandeville real estate is some of the most expensive in Louisiana, although Mandeville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Mandeville, accounting for 65.45% of the city's housing units. Other types of housing that are prevalent in Mandeville include large apartment complexes or high rise apartments ( 18.10%), duplexes, homes converted to apartments or other small apartment buildings ( 9.24%), and a few row houses and other attached homes ( 6.89%).

The most prevalent building size and type in Mandeville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.86% owning and 40.14% renting.

There is a lot of housing in Mandeville 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 Mandeville built between 2000 and later ( 26.31%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.50%). There's also some housing in Mandeville built before 1939 ( 7.63%).

Mandeville Home Appreciation Rates

Real estate appreciation rates in Mandeville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.72% during the period.

Over the last year, Mandeville appreciation rates have trailed the rest of the nation. In the last twelve months, Mandeville's appreciation rate has been -0.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mandeville were at -1.40%, which equates to an annual appreciation rate of -5.49%.

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

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

Average Home Values

 

Median Home Value:
$209,080

Mandeville, LA HOME PRICES

Value Range
> $1,048,000 3.0
$786,001 - $1,048,000 1.9
$524,001 - $786,000 5.6
$419,001 - $524,000 7.8
$314,001 - $419,000 11.2
$210,001 - $314,000 33.5
$104,001 - $210,000 32.0
$52,001 - $104,000 3.8
$0 - $52,000 1.3

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
30.0773467713583 6.27177700348432

Number Of Homes And Apartments:
4,750

Mandeville 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
50.54% 2.40% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,252 / per month

Homeownership Rate

Homeownership
Owners 59.86
Renters 40.14
Vacant 5.40

Housing Market Details

 

Age of Homes

AGE OF Mandeville HOMES
2000 or Newer 26.3
1970 - 1999 55.6
1940 - 1969 10.5
1939 or Older 7.6

Types of Homes

TYPE OF Mandeville HOMES
Single-Family 65.4
Townhomes 6.9
Small Apt. Buildings 9.2
Apt. Complexes 18.1
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Mandeville HOMES
No Bedroom 0.20
1 Bedroom 10.79
2 Bedrooms 27.80
3 Bedrooms 24.98
4 Bedrooms 32.44
5 or more bedrooms 3.78