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. Helena Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,937 | $166,764 | $242,182 |
| Price Trend (Annual %) | -12.3% | 4.5% | 8.2% |
| Median Gross Rent | $802 | $1,038 | $1,342 |
| Rent Trend (Annual %) | 4.0% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Helena Parish is about 86% lower than in Louisiana. Rent is about 23% lower than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in St. Helena Parish: home prices fell about 12.3% a year while rent rose about 4.0% a year. That is an unusual pattern worth watching.
Median rent in St. Helena Parish rose about 29.4% between 2015 and 2023, from $619 to $802. Over the same span, rent in Louisiana rose about 31.9%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in St. Helena Parish.
Buying the median-priced home in St. Helena Parish costs roughly 2.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in St. Helena Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | St. Helena Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,937 | $166,764 | $242,182 |
| Median Household Income | $50,182 | $60,029 | $78,145 |
| Price-to-Income Ratio | 0.5 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. Helena Parish fell about 67.1%, while median household income rose about 74.2% 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. Helena Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.5% | 57.3% | 58.2% |
| Rental Rate | 19.7% | 27.8% | 31.3% |
| Vacancy Rate | 22.8% | 14.8% | 10.6% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
St. Helena Parish has a homeownership rate of 57.5%, about the same as the Louisiana average of 57.3%. Its housing vacancy rate is 22.8%, compared with 14.8% in Louisiana.
Housing Stock
| Metric | St. Helena Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.52 people | 2.54 people |
| Median Structure Built Year | 1987 | 1982 | 1978 |
| Median Number of Rooms | 5.6 | 5.5 | 5.5 |
The typical housing unit in St. Helena Parish was built around 1987. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. Helena Parish, Louisiana.
What is the median home price in St. Helena Parish, Louisiana?
The median home price in St. Helena Parish, Louisiana is $22,937, lower than the Louisiana average of $166,764.
What is the average home price in St. Helena 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. Helena Parish, Louisiana?
The median gross rent in St. Helena Parish, Louisiana is $802 per month, lower than the Louisiana average of $1,038.
What was the median gross rent in St. Helena Parish in 2020?
In 2020, the median gross rent in St. Helena Parish, Louisiana was $706 per month.
What is the price-to-rent ratio in St. Helena Parish, Louisiana?
The price-to-rent ratio in St. Helena Parish, Louisiana is about 2.4, meaning it would take roughly 2.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in St. Helena Parish.
Are home prices or rent rising faster in St. Helena Parish, Louisiana?
Home prices and rent are moving in opposite directions in St. Helena Parish: home prices fell about 12.3% a year while rent rose about 4.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in St. Helena Parish, Louisiana?
57.5% of households in St. Helena Parish, Louisiana own their home, about the same as the Louisiana average.
What is the vacancy rate in St. Helena Parish, Louisiana?
The housing vacancy rate in St. Helena Parish, Louisiana is 22.8%, higher than the Louisiana average of 14.8%.