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
With 7,068 people, 2,555 houses or apartments, and a median cost of homes of $162,025, Ponchatoula real estate is some of the most expensive in Louisiana, although Ponchatoula home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Ponchatoula, accounting for 69.02% of the city's housing units. Other types of housing that are prevalent in Ponchatoula include duplexes, homes converted to apartments or other small apartment buildings ( 13.01%), mobile homes or trailers ( 8.92%), and a few row houses and other attached homes ( 6.09%).
The most prevalent building size and type in Ponchatoula are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.19% owning and 40.81% renting.
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. Ponchatoula's housing was primarily built during this period, from the '40s through the '60s. A full 33.18% of the city's housing hails from this era. Other housing ages represented in Ponchatoula include homes built between 1970-1999 ( 32.84%) and housing constructed between 2000 and later ( 27.26%). There's also some housing in Ponchatoula built before 1939 ( 6.71%).
Vacant housing appears to be an issue in Ponchatoula. Fully 12.05% of the housing stock is classified as vacant. Left unchecked, vacant Ponchatoula homes and apartments can be a drag on the real estate market, holding Ponchatoula 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.
Real estate appreciation rates in Ponchatoula's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.41% during the period.
Over the last year, Ponchatoula appreciation rates have trailed the rest of the nation. In the last twelve months, Ponchatoula's appreciation rate has been 1.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ponchatoula were at 2.29%, which equates to an annual appreciation rate of 9.50%.
Importantly, this makes Ponchatoula one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Louisiana, our data show that Ponchatoula's latest annual appreciation rate is lower than 50% of the other cities and towns in Louisiana.
|$783,001 - $1,044,000||0.0|
|$522,001 - $783,000||0.2|
|$418,001 - $522,000||0.9|
|$313,001 - $418,000||4.4|
|$209,001 - $313,000||20.9|
|$104,001 - $209,000||48.1|
|$52,001 - $104,000||11.3|
|$0 - $52,000||14.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Ponchatoula HOMES|
|2000 or Newer||27.3|
|1970 - 1999||32.8|
|1940 - 1969||33.2|
|1939 or Older||6.7|
|TYPE OF Ponchatoula HOMES|
|Small Apt. Buildings||13.0|
|SIZE OF Ponchatoula HOMES|
|5 or more bedrooms||0.45|