Youngsville, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Youngsville, LA Real Estate Data


Youngsville Housing Market Information

With a population of 11,961, 3,237 total housing units (homes and apartments), and a median house value of $228,925, Youngsville real estate is some of the most expensive in Louisiana, although Youngsville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Youngsville, accounting for 86.99% of the city's housing units. Other types of housing that are prevalent in Youngsville include mobile homes or trailers ( 9.29%), large apartment complexes or high rise apartments ( 2.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Youngsville. Owner-occupied housing accounts for 85.38% of Youngsville's homes, and 89.99% have either three or four bedrooms, which is average sized relative to America.

Youngsville homes and real estate are some of the newest in America. 52.09% of Youngsville's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Youngsville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.66%), and before 1939 ( 9.17%). There's also some housing in Youngsville built between 1940-1969 ( 4.09%).

Youngsville Home Appreciation Rates

In the last 10 years, Youngsville has experienced some of the highest home appreciation rates of any community in the nation. Youngsville real estate appreciated 21.36% over the last ten years, which is an average annual home appreciation rate of 1.95%, putting Youngsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Youngsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Youngsville's appreciation rate, at 4.76%, has been at or slightly above the national average. In the latest quarter, Youngsville's appreciation rate has been 0.74%, which annualizes to a rate of 3.00%.

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

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

Average Home Values

 

Median Home Value:
$228,925

Youngsville, LA HOME PRICES

Value Range
> $1,121,000 0.6
$841,001 - $1,121,000 1.3
$560,001 - $841,000 2.7
$449,001 - $560,000 3.3
$336,001 - $449,000 11.2
$224,001 - $336,000 33.9
$112,001 - $224,000 29.2
$56,001 - $112,000 6.8
$0 - $56,000 11.0

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
26.7611407155824 4.51388888888889

Number Of Homes And Apartments:
3,237

Rent & Ownership

 

Average Market Rent:
$1,056 / per month

Homeownership Rate

Homeownership
Owners 85.38
Renters 14.62
Vacant 2.71

Housing Market Details

 

Age of Homes

AGE OF Youngsville HOMES
2000 or Newer 52.1
1970 - 1999 34.7
1940 - 1969 4.1
1939 or Older 9.2

Types of Homes

TYPE OF Youngsville HOMES
Single-Family 87.0
Townhomes 1.0
Small Apt. Buildings 0.4
Apt. Complexes 2.3
Mobile Homes 9.3
Other 0.0

Home Size

SIZE OF Youngsville HOMES
No Bedroom 1.83
1 Bedroom 0.39
2 Bedrooms 6.94
3 Bedrooms 65.43
4 Bedrooms 24.56
5 or more bedrooms 0.84

Youngsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
LA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
66.07% 3.03% 6 8
* 10 is highest

Popular Neighborhoods in Youngsville

Zip Codes in Youngsville, LA