Zachary, LA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Zachary Neighborhoods Since 2000




Zachary, 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

Zachary Housing Market Information

With a population of 16,448, 5,318 total housing units (homes and apartments), and a median house value of $226,611, Zachary real estate is some of the most expensive in Louisiana, although Zachary home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Zachary, accounting for 78.00% of the city's housing units. Other types of housing that are prevalent in Zachary include mobile homes or trailers ( 7.48%), duplexes, homes converted to apartments or other small apartment buildings ( 7.19%), and a few large apartment complexes or high rise apartments ( 4.50%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Zachary. Owner-occupied housing accounts for 73.96% of Zachary's homes, and 78.05% have either three or four bedrooms, which is average sized relative to America.

Zachary homes and real estate are some of the newest in America. 43.30% of Zachary'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 Zachary real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.11%), and between 1940-1969 ( 14.65%). There's also some housing in Zachary built before 1939 ( 1.94%).

Zachary Home Appreciation Rates

Appreciation rates for homes in Zachary have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.87%, which ranks in the top 30% nationwide. This equates to an annual average Zachary house appreciation rate of 0.95%.

NeighborhoodScout's data show that during the latest twelve months, Zachary's appreciation rate, at 3.55%, has been at or slightly above the national average. In the latest quarter, Zachary's appreciation rate has been 0.12%, which annualizes to a rate of 0.50%.

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

Average Home Values

 

Median Home Value:
$226,611

Zachary, LA HOME PRICES

Value Range
> $1,074,000 0.0
$805,001 - $1,074,000 0.7
$537,001 - $805,000 4.1
$430,001 - $537,000 2.4
$322,001 - $430,000 10.5
$214,001 - $322,000 33.6
$107,001 - $214,000 33.8
$54,001 - $107,000 7.9
$0 - $54,000 6.9

Very High for LA
High for Nation

Value Relative to Nation Value Relative to State
26.4678307746396 4.18118466898955

Number Of Homes And Apartments:
5,318

Zachary 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
55.21% 2.58% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,401 / per month

Homeownership Rate

Homeownership
Owners 73.96
Renters 26.04
Vacant 5.32

Housing Market Details

 

Age of Homes

AGE OF Zachary HOMES
2000 or Newer 43.3
1970 - 1999 40.1
1940 - 1969 14.7
1939 or Older 1.9

Types of Homes

TYPE OF Zachary HOMES
Single-Family 78.0
Townhomes 2.8
Small Apt. Buildings 7.2
Apt. Complexes 4.5
Mobile Homes 7.5
Other 0.0

Home Size

SIZE OF Zachary HOMES
No Bedroom 0.18
1 Bedroom 2.07
2 Bedrooms 15.79
3 Bedrooms 55.30
4 Bedrooms 22.75
5 or more bedrooms 3.92