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 7,100 people, 2,831 houses or apartments, and a median cost of homes of $123,355, house prices in Galliano 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 Galliano, accounting for 71.14% of the town's housing units. Other types of housing that are prevalent in Galliano include mobile homes or trailers ( 23.73%), large apartment complexes or high rise apartments ( 2.56%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Galliano. Owner-occupied housing accounts for 80.16% of Galliano's homes, and 59.22% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Galliano built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Galliano built between 1940-1969 ( 27.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.97%). There's also some housing in Galliano built before 1939 ( 3.91%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Galliano, where house values have increased just 28.16%, which is annualized rate of 2.51%. 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, Galliano's appreciation rate, at 5.55%, has been at or slightly above the national average. In the latest quarter, Galliano's appreciation rate has been -1.64%, which annualizes to a rate of -6.39%.
Notably, Galliano's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Galliano's latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana.
$123,355
for Louisiana
for nation
2,831
$1,134 / per month