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 5,057, 2,058 total housing units (homes and apartments), and a median house value of $432,263, Louisburg real estate is some of the most expensive in Kansas, although Louisburg home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Louisburg, accounting for 78.74% of the city's housing units. Other types of housing that are prevalent in Louisburg include duplexes, homes converted to apartments or other small apartment buildings ( 9.00%), row houses and other attached homes ( 5.63%), and a few mobile homes or trailers ( 4.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Louisburg. Owner-occupied housing accounts for 68.20% of Louisburg's homes, and 76.78% have either three or four bedrooms, which is average sized relative to America.
Louisburg homes and real estate are some of the newest in America. 43.80% of Louisburg'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 Louisburg real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.43%), and between 1940-1969 ( 9.59%). There's also some housing in Louisburg built before 1939 ( 3.18%).
Appreciation rates for homes in Louisburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.32%, which ranks in the top 40% nationwide. This equates to an annual average Louisburg house appreciation rate of 7.14%.
NeighborhoodScout's data show that during the latest twelve months, Louisburg's appreciation rate, at 5.63%, has been at or slightly above the national average. In the latest quarter, Louisburg's appreciation rate has been 2.29%, which annualizes to a rate of 9.46%.
Relative to Kansas, our data show that Louisburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Kansas.
$432,263
for Kansas
for nation
2,058
$2,278 / per month