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 2,647, 972 total housing units (homes and apartments), and a median house value of $195,416, house prices in Pearl River are solidly below the national average.
Single-family detached homes are the single most common housing type in Pearl River, accounting for 84.69% of the town's housing units. Other types of housing that are prevalent in Pearl River include mobile homes or trailers ( 14.10%), row houses and other attached homes ( 1.21%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pearl River. Owner-occupied housing accounts for 81.48% of Pearl River's homes, and 76.75% have either three or four bedrooms, which is average sized relative to America.
Pearl River homes and real estate are some of the newest in America. 42.86% of Pearl River'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 Pearl River real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.71%), and between 1940-1969 ( 13.45%). There's also some housing in Pearl River built before 1939 ( 2.99%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Pearl River, where house values have increased just 35.74%, which is annualized rate of 3.10%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Pearl River appreciation rates have trailed the rest of the nation. In the last twelve months, Pearl River's appreciation rate has been -1.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pearl River were at -0.81%, which equates to an annual appreciation rate of -3.20%.
Notably, Pearl River's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that Pearl River's latest annual appreciation rate is lower than 80% of the other cities and towns in Louisiana.
$195,416
for Louisiana
for nation
972
$1,256 / per month