The Baton Rouge real estate market continues to make significant progress in 2016. Although still below the national average, home prices and appreciation rates for Baton Rouge real estate have made their way back into the mix, with prices in the second quarter growing relative to last year. For Baton Rouge real estate investing purposes, gains in the last three years have extended the trend of positive price growth after the recession. Even better, the Baton Rouge housing market continues to see major improvements, as home affordability in Baton Rouge is now among the lowest in the country, which should benefit current and future investments. While the second quarter saw positive benefits for the Baton Rouge real estate market, the trend should continue in the second-half of 2016.

Baton Rouge, LA Real Estate Market Statistics:

The Baton Rouge real estate market is slowly shaping up to be an investor-friendly market. Home prices are right below the national average, while appreciation rates continue to gain ground in comparison. One-year appreciation rates for Baton Rouge real estate were 2.1 percent during the second quarter, compared to the national average of 4.9 percent. Three-year rates grew to 8.5 percent, but still below 17.8 percent achieved by the rest of the country. However, price appreciation and principle payments in the last three years have boosted total equity growth since the recession. For those considering Baton Rouge real estate investments, the following outlines appreciation rates in previous years:

  • Homes purchased in the Baton Rouge, LA housing market one year ago have appreciated, on average, by $6,951. The national average was $14,963 over the same period.
  • Homes purchased in the Baton Rouge, LA housing market three years ago have appreciated, on average, by $23,949. The national average was $46,878 over the same period.
  • Homes purchased in the Baton Rouge, LA housing market five years ago have appreciated, on average, by $33,562. The national average was $82,353 over the same period.
  • Homes purchased in the Baton Rouge, LA housing market seven years ago have appreciated, on average, by $38,706. The national average was $77,054 over the same period.
  • Homes purchased in the Baton Rouge, LA housing market nine years ago have appreciated, on average, by $35,747. The national average was $31,126 over the same period.
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