Winnfield, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Winnfield Neighborhoods Since 2000




Winnfield, 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

Winnfield Housing Market Information

With 4,565 people, 1,875 houses or apartments, and a median cost of homes of $87,529, house prices in Winnfield are solidly below the national average.

Single-family detached homes are the single most common housing type in Winnfield, accounting for 71.52% of the city's housing units. Other types of housing that are prevalent in Winnfield include mobile homes or trailers ( 14.34%), duplexes, homes converted to apartments or other small apartment buildings ( 10.91%), and a few large apartment complexes or high rise apartments ( 3.11%).

The most prevalent building size and type in Winnfield are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 45.72% owning and 54.28% 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. Winnfield's housing was primarily built during this period, from the '40s through the '60s. A full 39.93% of the city's housing hails from this era. Other housing ages represented in Winnfield include homes built between 1970-1999 ( 37.43%) and housing constructed before 1939 ( 13.69%). There's also some housing in Winnfield built between 2000 and later ( 8.95%).

Vacant housing appears to be an issue in Winnfield. Fully 23.38% of the housing stock is classified as vacant. Left unchecked, vacant Winnfield homes and apartments can be a drag on the real estate market, holding Winnfield 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.

Winnfield Home Appreciation Rates

In the last 10 years, Winnfield has experienced some of the highest home appreciation rates of any community in the nation. Winnfield real estate appreciated 18.38% over the last ten years, which is an average annual home appreciation rate of 1.70%, putting Winnfield in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Winnfield definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Winnfield that despite a nationwide downturn in the housing market, Winnfield real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Winnfield appreciation rates continue to be some of the highest in America, at 9.97%, which is higher than appreciation rates in 93.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Winnfield. Winnfield appreciation rates in the latest quarter were at -0.90%, which equates to an annual appreciation rate of -3.57%.

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

Relative to Louisiana, our data show that Winnfield's latest annual appreciation rate is higher than 90% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$87,529

Winnfield, LA HOME PRICES

Value Range
> $1,068,000 0.0
$802,001 - $1,068,000 0.0
$534,001 - $802,000 0.0
$427,001 - $534,000 0.9
$321,001 - $427,000 0.2
$213,001 - $321,000 12.5
$107,001 - $213,000 20.5
$53,001 - $107,000 27.5
$0 - $53,000 38.5

Low for LA
Very Low for Nation

Value Relative to Nation Value Relative to State
85.8080393765381 75.9581881533101

Number Of Homes And Apartments:
1,875

Winnfield 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
46.13% 2.22% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$820 / per month

Homeownership Rate

Homeownership
Owners 45.72
Renters 54.28
Vacant 23.38

Housing Market Details

 

Age of Homes

AGE OF Winnfield HOMES
2000 or Newer 8.9
1970 - 1999 37.4
1940 - 1969 39.9
1939 or Older 13.7

Types of Homes

TYPE OF Winnfield HOMES
Single-Family 71.5
Townhomes 0.0
Small Apt. Buildings 10.9
Apt. Complexes 3.1
Mobile Homes 14.3
Other 0.1

Home Size

SIZE OF Winnfield HOMES
No Bedroom 0.00
1 Bedroom 5.68
2 Bedrooms 31.43
3 Bedrooms 48.14
4 Bedrooms 14.59
5 or more bedrooms 0.16

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Zip Codes in Winnfield, LA