Scott, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Scott Neighborhoods Since 2000




Scott, 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

Scott Housing Market Information

With 9,018 people, 3,716 houses or apartments, and a median cost of homes of $163,925, Scott real estate is some of the most expensive in Louisiana, although Scott home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Scott, accounting for 74.20% of the city's housing units. Other types of housing that are prevalent in Scott include mobile homes or trailers ( 14.98%), duplexes, homes converted to apartments or other small apartment buildings ( 8.81%), and a few large apartment complexes or high rise apartments ( 1.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Scott. Owner-occupied housing accounts for 75.59% of Scott's homes, and 67.34% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Scott 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 Scott built between 2000 and later ( 27.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.47%). There's also some housing in Scott built before 1939 ( 2.08%).

Scott Home Appreciation Rates

In the last 10 years, Scott has experienced some of the highest home appreciation rates of any community in the nation. Scott real estate appreciated 18.57% over the last ten years, which is an average annual home appreciation rate of 1.72%, putting Scott in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Scott definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Scott appreciation rates have trailed the rest of the nation. In the last twelve months, Scott's appreciation rate has been 3.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Scott were at 1.20%, which equates to an annual appreciation rate of 4.89%.

Relative to Louisiana, our data show that Scott's latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$163,925

Scott, LA HOME PRICES

Value Range
> $1,090,000 0.3
$818,001 - $1,090,000 0.0
$545,001 - $818,000 2.6
$437,001 - $545,000 0.3
$327,001 - $437,000 3.6
$218,001 - $327,000 13.3
$109,001 - $218,000 48.4
$55,001 - $109,000 15.9
$0 - $55,000 15.7

Very High for LA
Average for Nation

Value Relative to Nation Value Relative to State
44.0935192780968 13.588850174216

Number Of Homes And Apartments:
3,716

Scott 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
67.21% 3.02% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$928 / per month

Homeownership Rate

Homeownership
Owners 75.59
Renters 24.41
Vacant 5.64

Housing Market Details

 

Age of Homes

AGE OF Scott HOMES
2000 or Newer 27.7
1970 - 1999 57.7
1940 - 1969 12.5
1939 or Older 2.1

Types of Homes

TYPE OF Scott HOMES
Single-Family 74.2
Townhomes 0.4
Small Apt. Buildings 8.8
Apt. Complexes 1.7
Mobile Homes 15.0
Other 0.0

Home Size

SIZE OF Scott HOMES
No Bedroom 1.75
1 Bedroom 4.95
2 Bedrooms 24.30
3 Bedrooms 61.48
4 Bedrooms 5.87
5 or more bedrooms 1.65