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www.zillow.com/research/ APRIL2019 Baton Rouge Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*: 8.2% Baton Rouge Home Values Current: $167,900 Monthly Change: -0.5% Quarterly Change: -0.9% Annual Change: 0.7% Negative Equity*: 11.9% Home Values Forecast (next 12 months) National: 2.8% Baton Rouge Metro: -1.1% Major Cities - Home Values Baton Rouge Current: $164,300 Monthly Change: -0.8% Annual Change: 0.6% Denham Springs Current: $165,900 Monthly Change: -0.1% Annual Change: 1.3% Prairieville Current: $233,600 Monthly Change: -0.5% Annual Change: 1.4% Gonzales Current: $186,000 Monthly Change: -0.2% Annual Change: 0.5% Zachary Current: $196,800 Monthly Change: -0.7% Annual Change: 1.1% Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community City ZHVI Year-over-Year -16.2% - -12.7% -12.6% - -4.6% -4.5% - -2.4% -2.3% - -0.3% 0.4% - 0.4% 0.5% - 0.7% 0.8% - 1.4% 1.5% - 4.6% 4.7% - 12.0% Home Values (ZHVI) Increasing Values: –% Decreasing Values: –% Fall From Peak: -0.9% Peak ZHVI Date: 2019-01 Peak ZHVI: $169,500 Rent Zillow Rent Index: $1,319 Monthly Change: 0.2% Annual Change: -1.9% Rent List Price: $1,350 Rent List/Sq. Ft.: $1 Sales Median Sale Price: $– Monthly Change: –% Annual Change: –% Sale Price/Sq. Ft.: $– Sale-to-list Price Ratio: Sold for a Loss/Gain: –%/–% Listings Median List Price: $239,500 Monthly Change: 1.9% Annual Change: 6.4% List Price/Sq. Ft.: $129 Listings with Price Cut: 19% Amount of Price Cut: 2.4% Foreclosures Homes Foreclosed: –/10, 000 Monthly Change: Annual Change: Foreclosure Resales: –% Monthly Change: –pp Annual Change: –pp How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below. * Negative equity data is from 2018Q2.
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APRIL2019 Baton Rouge Metro · APRIL2019 Baton Rouge Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*:

Oct 08, 2020

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Page 1: APRIL2019 Baton Rouge Metro · APRIL2019 Baton Rouge Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*:

www.zillow.com/research/

APRIL2019 Baton Rouge Metro

National Home Values

Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%

Baton Rouge Home Values

Current: $167,900Monthly Change: -0.5%Quarterly Change: -0.9%Annual Change: 0.7%Negative Equity*: 11.9%

Home Values Forecast

(next 12 months)

National: 2.8%Baton Rouge Metro: -1.1%

Major Cities - Home Values

Baton RougeCurrent: $164,300Monthly Change: -0.8%Annual Change: 0.6%

Denham SpringsCurrent: $165,900Monthly Change: -0.1%Annual Change: 1.3%

PrairievilleCurrent: $233,600Monthly Change: -0.5%Annual Change: 1.4%

GonzalesCurrent: $186,000Monthly Change: -0.2%Annual Change: 0.5%

ZacharyCurrent: $196,800Monthly Change: -0.7%Annual Change: 1.1%

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year-16.2% - -12.7% -12.6% - -4.6% -4.5% - -2.4% -2.3% - -0.3% 0.4% - 0.4% 0.5% - 0.7% 0.8% - 1.4% 1.5% - 4.6% 4.7% - 12.0%

Home Values (ZHVI)Increasing Values: –%Decreasing Values: –%Fall From Peak: -0.9%Peak ZHVI Date: 2019-01Peak ZHVI: $169,500

RentZillow Rent Index: $1,319Monthly Change: 0.2%Annual Change: -1.9%

Rent List Price: $1,350Rent List/Sq. Ft.: $1

SalesMedian Sale Price: $–Monthly Change: –%Annual Change: –%

Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%

ListingsMedian List Price: $239,500Monthly Change: 1.9%Annual Change: 6.4%

List Price/Sq. Ft.: $129Listings with Price Cut: 19%Amount of Price Cut: 2.4%

ForeclosuresHomes Foreclosed: –/10, 000Monthly Change: –Annual Change: –

Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp

How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.

* Negative equity data is from 2018Q2.

Page 2: APRIL2019 Baton Rouge Metro · APRIL2019 Baton Rouge Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*:

APRIL2019

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at www.zillow.com/research/data by emailing [email protected]

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

www.zillow.com/research/

Largest Cities Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Baker 119,700 -1.3 -2.1 -2.4 122,700 2018-04 -2.4 1,161 0.1 0.4 0 -2.6 10.3Baton Rouge 164,300 -0.8 -1.2 0.6 166,500 2018-11 -1.3 1,300 0 0.2 -1.4 -1.6 11.9Clinton 163,400 -1.3 -5 -4.8 173,700 2018-06 -5.9 -6.4 11.1Denham Springs 165,900 -0.1 0.6 1.3 166,000 2019-03 -0.1 1,299 0.2 0.2 -4.4 0.7 16.3Geismar 272,200 -0.4 -1.1 0.4 275,200 2019-01 -1.1 1,751 0 0.2 -2.1 -1 6.7Gonzales 186,000 -0.2 -1.1 0.5 188,100 2019-01 -1.1 1,457 0.1 0.4 0.2 -0.5 10.9Greenwell Springs 203,800 -1.2 -2.2 3.3 208,300 2019-01 -2.2 1,402 0.1 0.1 -0.4 -1.3 3.2Holden 1,211 -0.7 -1.5 -2.4 33.9Jackson 186,500 -1.4 -3.4 -3.1 195,700 2017-11 -4.7 -3 6.7Livingston 134,500 -1 0.9 12 136,400 2019-02 -1.4 1,255 0.1 0.2 -3.4 6.1 28.0Maurepas 1,257 -0.5 -0.7 -5.1 22.1New Roads 90,200 -0.7 -0.4 -2.8 98,800 2008-01 -8.7 -0.8 21.4Plaquemine 95,200 -0.2 0.5 4.3 95,400 2019-03 -0.2 1,106 -1.3 -3 -2.9 2.8 23.8Port Allen 166,700 -0.4 -0.9 -2.9 171,800 2018-03 -3 1,233 0.2 -0.1 -1.2 -1.8 15.1Prairieville 233,600 -0.5 -1.3 1.4 236,700 2019-01 -1.3 1,608 0.3 0.8 -2.4 -0.1 8.6Saint Amant 180,500 0.2 0.4 1.2 189,600 2009-05 -4.8 1,408 0.4 0.6 -2.1 1.5 17.3Saint Francisville 257,900 0.4 1.7 4.6 257,900 2019-04 0 1,354 0.1 0.5 3.8 3.4 11.7Saint Gabriel 203,700 0 -0.5 -0.3 204,900 2018-12 -0.6 1,335 0.5 0.9 -0.2 -0.6 12.8Walker 159,600 -0.7 -1.5 0.4 163,000 2018-08 -2.1 1,283 0.2 -0.1 -5 -1.9 11.5Zachary 196,800 -0.7 -0.2 1.1 198,300 2019-02 -0.8 1,365 0.3 0.2 -1.9 0.4 7.0

Largest Counties Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Ascension Parish 203,000 -0.1 -1.1 0.7 205,300 2019-01 -1.1 1,510 0.3 0.7 -2.6 -0.6East Baton Rouge Parish 165,100 -0.7 -1.1 0.9 167,000 2019-02 -1.1 1,301 0.1 0.2 -1.7 -1.2East Feliciana Parish 161,400 -0.7 -3.5 -2.4 167,500 2018-12 -3.6 -4.3Iberville Parish 96,200 -0.3 0.4 2.6 96,500 2019-03 -0.3 1,117 -1.2 -2.6 -3 2Livingston Parish 159,800 -0.2 -0.1 1.5 160,300 2019-02 -0.3 1,284 0.1 -0.1 -4.7 -0.1Pointe Coupee Parish 135,900 0.1 -0.9 1.5 137,100 2019-01 -0.9 0.6Saint Helena Parish 101,200 -0.3 -2.7 14.5 104,000 2019-01 -2.7 4.4West Baton RougeParish

194,700 -0.8 -1.2 0 197,400 2019-02 -1.4 1,301 0.2 0 -0.6 -1

West Feliciana Parish 258,900 0.3 1.3 4.9 258,900 2019-04 0.0 1,352 0.1 0.5 4 3.3