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 8,470, 3,298 total housing units (homes and apartments), and a median house value of $112,485, house prices in Fort Polk are some of the most affordable in Louisiana as well as the nation.
Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Fort Polk, accounting for 60.45% of the town's housing units. Other types of housing that are prevalent in Fort Polk include row houses and other attached homes ( 26.77%), single-family detached homes ( 5.57%), and a few large apartment complexes or high rise apartments ( 5.41%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.
Renters dominate Fort Polk's housing market, and most live in three of four bedroom dwellings.
There is a lot of housing in Fort Polk 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 Fort Polk built between 2000 and later ( 34.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.50%). There's also some housing in Fort Polk built before 1939 ( 1.91%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Fort Polk, where house values have increased just 27.48%, which is annualized rate of 2.46%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Fort Polk appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Polk's appreciation rate has been 0.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Polk were at -3.70%, which equates to an annual appreciation rate of -14.01%.
Notably, Fort Polk's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Fort Polk's latest annual appreciation rate is lower than 70% of the other cities and towns in Louisiana.
$112,485
$1,703 / per month