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 a population of 33,197, 12,238 total housing units (homes and apartments), and a median house value of $341,910, Prairieville real estate is some of the most expensive in Louisiana, although Prairieville home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Prairieville, accounting for 81.78% of the town's housing units. Other types of housing that are prevalent in Prairieville include mobile homes or trailers ( 11.11%), large apartment complexes or high rise apartments ( 3.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.47%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Prairieville. Owner-occupied housing accounts for 88.33% of Prairieville's homes, and 83.79% have either three or four bedrooms, which is average sized relative to America.
Prairieville homes and real estate are some of the newest in America. 54.73% of Prairieville'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 Prairieville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.65%), and between 1940-1969 ( 5.39%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Prairieville, where house values have increased just 50.29%, which is annualized rate of 4.16%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Prairieville appreciation rates have trailed the rest of the nation. In the last twelve months, Prairieville's appreciation rate has been 1.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Prairieville were at 1.60%, which equates to an annual appreciation rate of 6.57%.
Relative to Louisiana, our data show that Prairieville's latest annual appreciation rate is lower than 60% of the other cities and towns in Louisiana.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Prairieville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Prairieville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Prairieville real estate investment or home purchase decisions.
$341,910
for Louisiana
for nation
12,238
$1,955 / per month