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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.



Prairieville, 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

Prairieville, LA Housing Market Trends

With 33,197 people, 12,238 houses or apartments, and a median cost of homes of $332,856, Prairieville real estate is some of the most expensive in Louisiana, although Prairieville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Prairieville, accounting for 81.78% of the town's housing units. Other types of housing that are prevalent in Prairieville include mobile homes or trailers ( 11.11%), large apartment complexes or high rise apartments ( 3.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.47%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Prairieville. Owner-occupied housing accounts for 88.33% of Prairieville's homes, and 83.79% have either three or four bedrooms, which is average sized relative to America.

Prairieville homes and real estate are some of the newest in America. 54.73% of Prairieville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Prairieville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.65%), and between 1940-1969 ( 5.39%).

Prairieville Home Appreciation Rates

Prairieville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Prairieville during the period has been just 4.12%, which is lower than 80% of US communities.

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

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

Relative to Louisiana, our data show that Prairieville's latest annual appreciation rate is lower 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 town. Individual neighborhoods within Prairieville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Prairieville - 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 Prairieville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$332,856

Prairieville, LA Home Prices
> $1,214,000
$910,001 - $1,214,000
$607,001 - $910,000
$485,001 - $607,000
$364,001 - $485,000
$243,001 - $364,000
$121,001 - $243,000
$61,001 - $121,000
$0 - $61,000
0.0%
0.0%
0.8%
0.8%
5.9%
5.9%
14.6%
14.6%
24.0%
24.0%
34.0%
34.0%
14.0%
14.0%
1.8%
1.8%
4.9%
4.9%
0% 100.0%
% of Homes
Very High

for Louisiana

High

for nation

Number of Homes And Apartments:

12,238

Prairieville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,878 / per month

Homeownership Rate

Owners
Renters
88.3%
88.3%
11.7%
11.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.2%
3.2%
96.8%
96.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
54.7%
54.7%
39.7%
39.7%
5.4%
5.4%
0.2%
0.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.8%
81.8%
1.1%
1.1%
2.5%
2.5%
3.6%
3.6%
11.1%
11.1%
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
3.6%
3.6%
3.0%
3.0%
5.9%
5.9%
56.3%
56.3%
27.5%
27.5%
3.7%
3.7%
0% 100.0%
% of Homes