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 9,356, 3,674 total housing units (homes and apartments), and a median house value of $223,010, house prices in Denham Springs are solidly below the national average.
Single-family detached homes are the single most common housing type in Denham Springs, accounting for 81.98% of the city's housing units. Other types of housing that are prevalent in Denham Springs include large apartment complexes or high rise apartments ( 11.32%), duplexes, homes converted to apartments or other small apartment buildings ( 2.97%), and a few mobile homes or trailers ( 1.51%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Denham Springs. Owner-occupied housing accounts for 70.22% of Denham Springs's homes, and 73.96% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Denham Springs 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 Denham Springs built between 2000 and later ( 21.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.78%). There's also some housing in Denham Springs built before 1939 ( 8.09%).
Vacant housing appears to be an issue in Denham Springs. Fully 13.35% of the housing stock is classified as vacant. Left unchecked, vacant Denham Springs homes and apartments can be a drag on the real estate market, holding Denham Springs 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 Denham Springs, where house values have increased just 51.72%, which is annualized rate of 4.26%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Denham Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Denham Springs's appreciation rate has been 1.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Denham Springs were at 1.60%, which equates to an annual appreciation rate of 6.57%.
Relative to Louisiana, our data show that Denham Springs's latest annual appreciation rate is lower than 60% of the other cities and towns in Louisiana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Denham Springs differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Denham Springs - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Denham Springs real estate investment or home purchase decisions.
$223,010
for Louisiana
for nation
3,674
$1,956 / per month