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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,575 people, 848 houses or apartments, and a median cost of homes of $92,471, house prices in Chauvin are some of the most affordable in Louisiana as well as the nation.
Single-family detached homes are the single most common housing type in Chauvin, accounting for 87.30% of the town's housing units. Other types of housing that are prevalent in Chauvin include mobile homes or trailers ( 9.43%), row houses and other attached homes ( 2.89%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chauvin. Owner-occupied housing accounts for 72.41% of Chauvin's homes, and 47.83% have either three or four bedrooms, which is average sized relative to America.
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. Chauvin's housing was primarily built during this period, from the '40s through the '60s. A full 50.91% of the town's housing hails from this era. Other housing ages represented in Chauvin include homes built between 1970-1999 ( 39.75%) and housing constructed between 2000 and later ( 5.20%). There's also some housing in Chauvin built before 1939 ( 4.14%).
Vacant housing appears to be an issue in Chauvin. Fully 18.38% of the housing stock is classified as vacant. Left unchecked, vacant Chauvin homes and apartments can be a drag on the real estate market, holding Chauvin 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Chauvin, where house values have increased just 20.98%, which is annualized rate of 1.92%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Chauvin's appreciation rate, at 7.92%, has been at or slightly above the national average. In the latest quarter, Chauvin's appreciation rate has been -1.64%, which annualizes to a rate of -6.40%.
Notably, Chauvin's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Chauvin's latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana.
$92,471
for Louisiana
for nation
848
$1,320 / per month