Walker, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Walker Neighborhoods Since 2000




Walker, 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

Walker Housing Market Information

With a population of 6,318, 2,410 total housing units (homes and apartments), and a median house value of $173,578, Walker real estate is some of the most expensive in Louisiana, although Walker home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Walker, accounting for 72.01% of the town's housing units. Other types of housing that are prevalent in Walker include mobile homes or trailers ( 17.44%), row houses and other attached homes ( 4.97%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walker. Owner-occupied housing accounts for 74.90% of Walker's homes, and 77.55% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Walker 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 Walker built between 2000 and later ( 29.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.71%). There's also some housing in Walker built before 1939 ( 1.44%).

Walker Home Appreciation Rates

Appreciation rates for homes in Walker have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.91%, which ranks in the top 30% nationwide. This equates to an annual average Walker house appreciation rate of 1.04%.

Over the last year, Walker appreciation rates have trailed the rest of the nation. In the last twelve months, Walker's appreciation rate has been 2.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walker were at 0.12%, which equates to an annual appreciation rate of 0.50%.

Relative to Louisiana, our data show that Walker's latest annual appreciation rate is higher than 70% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$173,578

Walker, LA HOME PRICES

Value Range
> $1,088,000 0.0
$816,001 - $1,088,000 0.0
$544,001 - $816,000 0.0
$436,001 - $544,000 0.5
$327,001 - $436,000 2.0
$218,001 - $327,000 17.7
$109,001 - $218,000 53.9
$55,001 - $109,000 15.4
$0 - $55,000 10.6

Very High for LA
Average for Nation

Value Relative to Nation Value Relative to State
40.3990390249619 11.8466898954704

Number Of Homes And Apartments:
2,410

Walker 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
55.84% 2.61% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$872 / per month

Homeownership Rate

Homeownership
Owners 74.90
Renters 25.10
Vacant 8.61

Housing Market Details

 

Age of Homes

AGE OF Walker HOMES
2000 or Newer 29.5
1970 - 1999 48.4
1940 - 1969 20.7
1939 or Older 1.4

Types of Homes

TYPE OF Walker HOMES
Single-Family 72.0
Townhomes 5.0
Small Apt. Buildings 3.8
Apt. Complexes 1.8
Mobile Homes 17.4
Other 0.0

Home Size

SIZE OF Walker HOMES
No Bedroom 0.87
1 Bedroom 4.06
2 Bedrooms 12.25
3 Bedrooms 62.61
4 Bedrooms 14.94
5 or more bedrooms 5.27

Zip Codes in Walker, LA