Winnsboro, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Winnsboro Neighborhoods Since 2000




Winnsboro, 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

Winnsboro Housing Market Information

With a population of 4,762, 1,804 total housing units (homes and apartments), and a median house value of $91,197, house prices in Winnsboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Winnsboro, accounting for 76.64% of the city's housing units. Other types of housing that are prevalent in Winnsboro include duplexes, homes converted to apartments or other small apartment buildings ( 9.69%), mobile homes or trailers ( 8.16%), and a few large apartment complexes or high rise apartments ( 4.75%).

The most prevalent building size and type in Winnsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.89% owning and 52.11% 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. Winnsboro's housing was primarily built during this period, from the '40s through the '60s. A full 46.86% of the city's housing hails from this era. Other housing ages represented in Winnsboro include homes built between 1970-1999 ( 43.77%) and housing constructed before 1939 ( 4.75%). There's also some housing in Winnsboro built between 2000 and later ( 4.62%).

Vacant housing appears to be an issue in Winnsboro. Fully 19.10% of the housing stock is classified as vacant. Left unchecked, vacant Winnsboro homes and apartments can be a drag on the real estate market, holding Winnsboro 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.

Winnsboro Home Appreciation Rates

In the last 10 years, Winnsboro has experienced some of the highest home appreciation rates of any community in the nation. Winnsboro real estate appreciated 31.83% over the last ten years, which is an average annual home appreciation rate of 2.80%, putting Winnsboro in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Winnsboro 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, Winnsboro appreciation rates have trailed the rest of the nation. In the last twelve months, Winnsboro's appreciation rate has been 1.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winnsboro were at -0.90%, which equates to an annual appreciation rate of -3.57%.

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

Relative to Louisiana, our data show that Winnsboro's latest annual appreciation rate is higher than 60% of the other cities and towns in Louisiana.

Average Home Values

 

Median Home Value:
$91,197

Winnsboro, LA HOME PRICES

Value Range
> $1,101,000 0.0
$826,001 - $1,101,000 0.0
$551,001 - $826,000 0.0
$440,001 - $551,000 0.0
$330,001 - $440,000 2.3
$220,001 - $330,000 5.1
$110,001 - $220,000 30.1
$55,001 - $110,000 46.0
$0 - $55,000 16.5

Low for LA
Very Low for Nation

Value Relative to Nation Value Relative to State
83.1770772295793 71.0801393728223

Number Of Homes And Apartments:
1,804

Winnsboro 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
90.08% 3.79% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$640 / per month

Homeownership Rate

Homeownership
Owners 47.89
Renters 52.11
Vacant 19.10

Housing Market Details

 

Age of Homes

AGE OF Winnsboro HOMES
2000 or Newer 4.6
1970 - 1999 43.8
1940 - 1969 46.9
1939 or Older 4.8

Types of Homes

TYPE OF Winnsboro HOMES
Single-Family 76.6
Townhomes 0.8
Small Apt. Buildings 9.7
Apt. Complexes 4.8
Mobile Homes 8.2
Other 0.0

Home Size

SIZE OF Winnsboro HOMES
No Bedroom 0.00
1 Bedroom 11.12
2 Bedrooms 23.27
3 Bedrooms 56.82
4 Bedrooms 8.03
5 or more bedrooms 0.76

Popular Neighborhoods in Winnsboro

Zip Codes in Winnsboro, LA