Pollock, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pollock, 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

Pollock Housing Market Information

With 475 people, 171 houses or apartments, and a median cost of homes of $113,615, house prices in Pollock are solidly below the national average.

Single-family detached homes are the single most common housing type in Pollock, accounting for 80.39% of the town's housing units. Other types of housing that are prevalent in Pollock include mobile homes or trailers ( 16.18%), duplexes, homes converted to apartments or other small apartment buildings ( 3.43%).

The most prevalent building size and type in Pollock are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 57.89% owning and 42.11% renting.

There is a lot of housing in Pollock 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 Pollock built between 1940-1969 ( 33.33%). A lesser amount of the housing stock also hails from before 1939 ( 13.73%). There's also some housing in Pollock built between 2000 and later ( 10.78%).

Vacant housing appears to be an issue in Pollock. Fully 16.18% of the housing stock is classified as vacant. Left unchecked, vacant Pollock homes and apartments can be a drag on the real estate market, holding Pollock 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.

Pollock Home Appreciation Rates

Appreciation rates for homes in Pollock have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 14.36%, which ranks in the top 30% nationwide. This equates to an annual average Pollock house appreciation rate of 1.35%.

Over the last year, Pollock appreciation rates have trailed the rest of the nation. In the last twelve months, Pollock's appreciation rate has been 0.55%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pollock were at -3.30%, which equates to an annual appreciation rate of -12.57%.

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

Relative to Louisiana, our data show that Pollock's latest annual appreciation rate is lower than 60% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$113,615

Pollock, LA HOME PRICES

Value Range
> $1,071,000 0.0
$803,001 - $1,071,000 1.3
$536,001 - $803,000 1.1
$429,001 - $536,000 1.3
$321,001 - $429,000 0.3
$214,001 - $321,000 10.7
$107,001 - $214,000 35.3
$54,001 - $107,000 24.1
$0 - $54,000 25.9

Average for LA
Low for Nation

Value Relative to Nation Value Relative to State
69.1667643267315 49.4773519163763

Number Of Homes And Apartments:
171

Pollock 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
49.77% 2.37% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,170 / per month

Homeownership Rate

Homeownership
Owners 57.89
Renters 42.11
Vacant 16.18

Housing Market Details

 

Age of Homes

AGE OF Pollock HOMES
2000 or Newer 10.8
1970 - 1999 42.2
1940 - 1969 33.3
1939 or Older 13.7

Types of Homes

TYPE OF Pollock HOMES
Single-Family 80.4
Townhomes 0.0
Small Apt. Buildings 3.4
Apt. Complexes 0.0
Mobile Homes 16.2
Other 0.0

Home Size

SIZE OF Pollock HOMES
No Bedroom 0.00
1 Bedroom 3.92
2 Bedrooms 33.82
3 Bedrooms 54.90
4 Bedrooms 7.35
5 or more bedrooms 0.00

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Zip Codes in Pollock, LA