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 670, 193 total housing units (homes and apartments), and a median house value of $241,675, house prices in Calhoun are solidly below the national average.
Single-family detached homes are the single most common housing type in Calhoun, accounting for 72.56% of the town's housing units. Other types of housing that are prevalent in Calhoun include mobile homes or trailers ( 27.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Calhoun. Owner-occupied housing accounts for 100.00% of Calhoun's homes, and 100.00% have either three or four bedrooms, which is average sized relative to America.
Calhoun homes and real estate are some of the newest in America. 60.53% of Calhoun'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 Calhoun real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.44%), and before 1939 ( 12.03%).
Vacant housing appears to be an issue in Calhoun. Fully 27.44% of the housing stock is classified as vacant. Left unchecked, vacant Calhoun homes and apartments can be a drag on the real estate market, holding Calhoun 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 Calhoun, where house values have increased just 35.57%, which is annualized rate of 3.09%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Calhoun's appreciation rate, at 4.46%, has been at or slightly above the national average. In the latest quarter, Calhoun's appreciation rate has been 1.56%, which annualizes to a rate of 6.38%.
Importantly, this makes Calhoun 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 Calhoun's latest annual appreciation rate is lower than 60% of the other cities and towns in Louisiana.
$241,675
for Louisiana
for nation
193
$1,358 / per month