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 6,258 people, 2,095 houses or apartments, and a median cost of homes of $293,500, Geismar real estate is some of the most expensive in Louisiana, although Geismar home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Geismar, accounting for 77.22% of the town's housing units. Other types of housing that are prevalent in Geismar include mobile homes or trailers ( 22.78%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Geismar. Owner-occupied housing accounts for 88.23% of Geismar's homes, and 92.07% have either three or four bedrooms, which is average sized relative to America.
Geismar homes and real estate are some of the newest in America. 84.18% of Geismar's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Geismar real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 12.75%), and between 1940-1969 ( 3.07%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Geismar, where house values have increased just 45.83%, which is annualized rate of 3.85%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Geismar that despite a nationwide downturn in the housing market, Geismar real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Geismar appreciation rates continue to be some of the highest in America, at 10.73%, which is higher than appreciation rates in 90.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Geismar. Geismar appreciation rates in the latest quarter were at 1.60%, which equates to an annual appreciation rate of 6.57%.
Relative to Louisiana, our data show that Geismar's latest annual appreciation rate is higher than 90% of the other cities and towns in Louisiana.
$293,500
for Louisiana
for nation
2,095
$1,903 / per month