Mandeville LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 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

Mandeville Housing Market Information

With a population of 12,288, 4,746 total housing units (homes and apartments), and a median house value of $264,674, 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 61.16% of the city's housing units. Other types of housing that are prevalent in Mandeville include large apartment complexes or high rise apartments ( 21.13%), duplexes, homes converted to apartments or other small apartment buildings ( 8.71%), and a few row houses and other attached homes ( 8.71%).

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 59.88% owning and 40.12% 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 ( 25.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.27%). There's also some housing in Mandeville built before 1939 ( 6.40%).

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 1.44% during the period.

NeighborhoodScout's data show that during the latest twelve months, Mandeville's appreciation rate, at 3.62%, has been at or slightly above the national average. In the latest quarter, Mandeville's appreciation rate has been 1.42%, which annualizes to a rate of 5.81%.

Relative to Louisiana, our data show that Mandeville's latest annual appreciation rate is higher than 60% 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:
$264,674

Mandeville, LA HOME PRICES

Value Range
> $1,114,000 3.5
$836,001 - $1,114,000 3.8
$557,001 - $836,000 7.3
$445,001 - $557,000 5.4
$334,001 - $445,000 13.7
$223,001 - $334,000 34.2
$111,001 - $223,000 28.2
$56,001 - $111,000 3.5
$0 - $56,000 0.6

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
25.2846715328467 2.7681660899654

Number Of Homes And Apartments:
4,746

Mandeville 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
68.24% 2.67%
6
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,387 / per month

Homeownership Rate

Homeownership
Owners 59.88
Renters 40.12
Vacant 9.10

Housing Market Details

 

Age of Homes

AGE OF Mandeville HOMES
2000 or Newer 25.7
1970 - 1999 58.6
1940 - 1969 9.3
1939 or Older 6.4

Types of Homes

TYPE OF Mandeville HOMES
Single-Family 61.2
Townhomes 8.7
Small Apt. Buildings 8.7
Apt. Complexes 21.1
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Mandeville HOMES
No Bedroom 1.26
1 Bedroom 13.37
2 Bedrooms 24.61
3 Bedrooms 25.13
4 Bedrooms 28.88
5 or more bedrooms 6.74