Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | St. Charles Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $228,846 | $166,764 | $242,182 |
| Price Trend (Annual %) | 5.8% | 4.5% | 8.2% |
| Median Gross Rent | $1,143 | $1,038 | $1,342 |
| Rent Trend (Annual %) | 3.6% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Charles Parish is about 37% higher than in Louisiana. Rent is about 10% higher than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in St. Charles Parish, up about 5.8% and 3.6% a year respectively. Home prices are changing faster.
Median rent in St. Charles Parish rose about 27.6% between 2015 and 2023, from $895 to $1,143. Over the same span, rent in Louisiana rose about 31.9%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in St. Charles Parish.
Buying the median-priced home in St. Charles Parish costs roughly 16.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in St. Charles Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | St. Charles Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $228,846 | $166,764 | $242,182 |
| Median Household Income | $82,863 | $60,029 | $78,145 |
| Price-to-Income Ratio | 2.8 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. Charles Parish rose about 34.1%, while median household income rose about 38.4% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | St. Charles Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.8% | 57.3% | 58.2% |
| Rental Rate | 15.7% | 27.8% | 31.3% |
| Vacancy Rate | 9.6% | 14.8% | 10.6% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
St. Charles Parish has a homeownership rate of 74.8%, higher than the Louisiana average of 57.3%. Its housing vacancy rate is 9.6%, compared with 14.8% in Louisiana.
Housing Stock
| Metric | St. Charles Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.78 people | 2.52 people | 2.54 people |
| Median Structure Built Year | 1982 | 1982 | 1978 |
| Median Number of Rooms | 6.0 | 5.5 | 5.5 |
The typical housing unit in St. Charles Parish was built around 1982. On average, 2.8 people live in a home with about 6.0 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. Charles Parish, Louisiana.
What is the median home price in St. Charles Parish, Louisiana?
The median home price in St. Charles Parish, Louisiana is $228,846, higher than the Louisiana average of $166,764.
What is the average home price in St. Charles Parish, Louisiana?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in St. Charles Parish, Louisiana?
The median gross rent in St. Charles Parish, Louisiana is $1,143 per month, higher than the Louisiana average of $1,038.
What was the median gross rent in St. Charles Parish in 2020?
In 2020, the median gross rent in St. Charles Parish, Louisiana was $1,004 per month.
What is the price-to-rent ratio in St. Charles Parish, Louisiana?
The price-to-rent ratio in St. Charles Parish, Louisiana is about 16.7, meaning it would take roughly 16.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in St. Charles Parish.
Are home prices or rent rising faster in St. Charles Parish, Louisiana?
Both home prices and rent are rising in St. Charles Parish, up about 5.8% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in St. Charles Parish, Louisiana?
74.8% of households in St. Charles Parish, Louisiana own their home, higher than the Louisiana average of 57.3%.
What is the vacancy rate in St. Charles Parish, Louisiana?
The housing vacancy rate in St. Charles Parish, Louisiana is 9.6%, lower than the Louisiana average of 14.8%.