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 6,258 people, 2,095 houses or apartments, and a median cost of homes of $241,549, Geismar real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Geismar, accounting for 77.22% of the town's housing units. Other types of housing that are prevalent in Geismar include mobile homes or trailers ( 22.78%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Geismar. Owner-occupied housing accounts for 88.23% of Geismar's homes, and 92.07% have either three or four bedrooms, which is average sized relative to America.
Geismar homes and real estate are some of the newest in America. 84.18% of Geismar'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 Geismar real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 12.75%), and between 1940-1969 ( 3.07%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Geismar, where house values have increased just 22.43%, which is annualized rate of 2.04%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Geismar appreciation rates have trailed the rest of the nation. In the last twelve months, Geismar's appreciation rate has been -0.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Geismar were at -2.78%, which equates to an annual appreciation rate of -10.66%.
Notably, Geismar's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Geismar's latest annual appreciation rate is lower than 50% of the other cities and towns in Louisiana.
$241,549
for Louisiana
for nation
2,095
$1,828 / per month