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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Plaquemine, LA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Plaquemine, LA Housing Market Trends

With a population of 5,956, 2,538 total housing units (homes and apartments), and a median house value of $203,879, house prices in Plaquemine are solidly below the national average.

Single-family detached homes are the single most common housing type in Plaquemine, accounting for 88.14% of the city's housing units. Other types of housing that are prevalent in Plaquemine include duplexes, homes converted to apartments or other small apartment buildings ( 6.75%), mobile homes or trailers ( 2.79%), and a few row houses and other attached homes ( 2.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plaquemine. Owner-occupied housing accounts for 74.29% of Plaquemine's homes, and 55.70% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Plaquemine's housing was primarily built during this period, from the '40s through the '60s. A full 41.38% of the city's housing hails from this era. Other housing ages represented in Plaquemine include homes built before 1939 ( 24.71%) and housing constructed between 1970-1999 ( 23.79%). There's also some housing in Plaquemine built between 2000 and later ( 10.12%).

Vacant housing appears to be an issue in Plaquemine. Fully 16.84% of the housing stock is classified as vacant. Left unchecked, vacant Plaquemine homes and apartments can be a drag on the real estate market, holding Plaquemine real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Plaquemine Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Plaquemine, where house values have increased just 38.67%, which is annualized rate of 3.32%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Plaquemine appreciation rates have trailed the rest of the nation. In the last twelve months, Plaquemine'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 Plaquemine were at -2.78%, which equates to an annual appreciation rate of -10.66%.

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

Relative to Louisiana, our data show that Plaquemine's latest annual appreciation rate is lower than 50% of the other cities and towns in Louisiana.

Average Home Values

Median Home Value

$203,879

Plaquemine, LA Home Prices
> $1,175,000
$881,001 - $1,175,000
$588,001 - $881,000
$470,001 - $588,000
$352,001 - $470,000
$235,001 - $352,000
$118,001 - $235,000
$59,001 - $118,000
$0 - $59,000
0.5%
0.5%
0.4%
0.4%
0.1%
0.1%
5.5%
5.5%
5.2%
5.2%
28.9%
28.9%
41.5%
41.5%
11.0%
11.0%
6.9%
6.9%
0% 100.0%
% of Homes
High

for Louisiana

Low

for nation

Number of Homes And Apartments:

2,538

Plaquemine Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,052 / per month

Homeownership Rate

Owners
Renters
74.3%
74.3%
25.7%
25.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
16.8%
16.8%
83.2%
83.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.1%
10.1%
23.8%
23.8%
41.4%
41.4%
24.7%
24.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
88.1%
88.1%
2.0%
2.0%
6.7%
6.7%
0.3%
0.3%
2.8%
2.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.2%
3.2%
8.3%
8.3%
32.5%
32.5%
44.5%
44.5%
11.2%
11.2%
0.3%
0.3%
0% 100.0%
% of Homes

Zip Codes in Plaquemine, LA