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 19,916, 6,765 total housing units (homes and apartments), and a median house value of $283,830, 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 80.07% of the city's housing units. Other types of housing that are prevalent in Zachary include large apartment complexes or high rise apartments ( 8.55%), mobile homes or trailers ( 7.26%), and a few row houses and other attached homes ( 2.14%).
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 81.94% of Zachary's homes, and 81.61% 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. 54.36% 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 ( 35.88%), and between 1940-1969 ( 6.88%). There's also some housing in Zachary built before 1939 ( 2.88%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Zachary, where house values have increased just 30.98%, which is annualized rate of 2.74%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Zachary appreciation rates have trailed the rest of the nation. In the last twelve months, Zachary's appreciation rate has been -1.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Zachary were at 1.60%, which equates to an annual appreciation rate of 6.57%.
Relative to Louisiana, our data show that Zachary's latest annual appreciation rate is lower than 80% 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 city. Individual neighborhoods within Zachary differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Zachary - 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 Zachary real estate investment or home purchase decisions.
$283,830
for Louisiana
for nation
6,765
$2,150 / per month