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 4,072 people, 1,448 houses or apartments, and a median cost of homes of $205,097, house prices in Church Point are solidly below the national average.
Single-family detached homes are the single most common housing type in Church Point, accounting for 71.18% of the town's housing units. Other types of housing that are prevalent in Church Point include mobile homes or trailers ( 17.83%), duplexes, homes converted to apartments or other small apartment buildings ( 8.68%), and a few large apartment complexes or high rise apartments ( 2.32%).
The most prevalent building size and type in Church Point are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 54.23% owning and 45.77% renting.
There is a lot of housing in Church Point 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 Church Point built between 1940-1969 ( 30.18%). A lesser amount of the housing stock also hails from between 2000 and later ( 24.54%). There's also some housing in Church Point built before 1939 ( 7.19%).
Vacant housing appears to be an issue in Church Point. Fully 13.96% of the housing stock is classified as vacant. Left unchecked, vacant Church Point homes and apartments can be a drag on the real estate market, holding Church Point real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Church Point, where house values have increased just 47.16%, which is annualized rate of 3.94%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Church Point appreciation rates have trailed the rest of the nation. In the last twelve months, Church Point's appreciation rate has been 4.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Church Point were at 5.09%, which equates to an annual appreciation rate of 21.99%.
Importantly, this makes Church Point one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Louisiana, our data show that Church Point's latest annual appreciation rate is higher than 70% of the other cities and towns in Louisiana.
$205,097
for Louisiana
for nation
1,448
$1,081 / per month