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 4,991, 2,479 total housing units (homes and apartments), and a median house value of $185,851, house prices in Port Allen are solidly below the national average.
Single-family detached homes are the single most common housing type in Port Allen, accounting for 75.96% of the city's housing units. Other types of housing that are prevalent in Port Allen include duplexes, homes converted to apartments or other small apartment buildings ( 9.11%), mobile homes or trailers ( 8.71%), and a few row houses and other attached homes ( 3.33%).
The most prevalent building size and type in Port Allen are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.13% owning and 36.87% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Port Allen's housing was primarily built during this period, from the '40s through the '60s. A full 40.21% of the city's housing hails from this era. Other housing ages represented in Port Allen include homes built between 1970-1999 ( 28.47%) and housing constructed before 1939 ( 16.03%). There's also some housing in Port Allen built between 2000 and later ( 15.29%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Port Allen, where house values have increased just 37.79%, which is annualized rate of 3.26%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Port Allen appreciation rates have trailed the rest of the nation. In the last twelve months, Port Allen's appreciation rate has been 1.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Port Allen were at -1.15%, which equates to an annual appreciation rate of -4.53%.
Notably, Port Allen's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Port Allen's latest annual appreciation rate is lower than 60% of the other cities and towns in Louisiana.
$185,851
for Louisiana
for nation
2,479
$1,304 / per month