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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,024 people, 941 houses or apartments, and a median cost of homes of $241,731, Pierre Part real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Pierre Part, accounting for 69.81% of the town's housing units. Other types of housing that are prevalent in Pierre Part include mobile homes or trailers ( 25.27%), large apartment complexes or high rise apartments ( 4.92%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pierre Part. Owner-occupied housing accounts for 87.25% of Pierre Part's homes, and 65.29% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pierre Part 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 Pierre Part built between 1940-1969 ( 24.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.83%). There's also some housing in Pierre Part built before 1939 ( 5.60%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Pierre Part, where house values have increased just 15.32%, which is annualized rate of 1.44%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Pierre Part appreciation rates have trailed the rest of the nation. In the last twelve months, Pierre Part's appreciation rate has been -0.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pierre Part were at -2.78%, which equates to an annual appreciation rate of -10.66%.
Notably, Pierre Part's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Pierre Part's latest annual appreciation rate is lower than 50% of the other cities and towns in Louisiana.
$241,731
for Louisiana
for nation
941
$1,063 / per month