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. John the Baptist Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $96,164 | $166,764 | $242,182 |
| Price Trend (Annual %) | -3.0% | 4.5% | 8.2% |
| Median Gross Rent | $1,118 | $1,038 | $1,342 |
| Rent Trend (Annual %) | 3.1% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. John the Baptist Parish is about 42% lower than in Louisiana. Rent is about 8% higher 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. John the Baptist Parish: home prices fell about 3.0% a year while rent rose about 3.1% a year. That is an unusual pattern worth watching.
Median rent in St. John the Baptist Parish rose about 28.7% between 2015 and 2023, from $869 to $1,118. Over the same span, rent in Louisiana rose about 31.9%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in St. John the Baptist Parish.
Buying the median-priced home in St. John the Baptist Parish costs roughly 7.2 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. John the Baptist Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | St. John the Baptist Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $96,164 | $166,764 | $242,182 |
| Median Household Income | $67,726 | $60,029 | $78,145 |
| Price-to-Income Ratio | 1.4 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. John the Baptist Parish fell about 14.8%, while median household income rose about 36.1% 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. John the Baptist Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.8% | 57.3% | 58.2% |
| Rental Rate | 17.0% | 27.8% | 31.3% |
| Vacancy Rate | 16.1% | 14.8% | 10.6% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
St. John the Baptist Parish has a homeownership rate of 66.8%, higher than the Louisiana average of 57.3%. Its housing vacancy rate is 16.1%, compared with 14.8% in Louisiana.
Housing Stock
| Metric | St. John the Baptist Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.74 people | 2.52 people | 2.54 people |
| Median Structure Built Year | 1985 | 1982 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in St. John the Baptist Parish was built around 1985. On average, 2.7 people live in a home with about 5.8 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. John the Baptist Parish, Louisiana.
What is the median home price in St. John the Baptist Parish, Louisiana?
The median home price in St. John the Baptist Parish, Louisiana is $96,164, lower than the Louisiana average of $166,764.
What is the average home price in St. John the Baptist 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. John the Baptist Parish, Louisiana?
The median gross rent in St. John the Baptist Parish, Louisiana is $1,118 per month, higher than the Louisiana average of $1,038.
What was the median gross rent in St. John the Baptist Parish in 2020?
In 2020, the median gross rent in St. John the Baptist Parish, Louisiana was $915 per month.
What is the price-to-rent ratio in St. John the Baptist Parish, Louisiana?
The price-to-rent ratio in St. John the Baptist Parish, Louisiana is about 7.2, meaning it would take roughly 7.2 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. John the Baptist Parish.
Are home prices or rent rising faster in St. John the Baptist Parish, Louisiana?
Home prices and rent are moving in opposite directions in St. John the Baptist Parish: home prices fell about 3.0% a year while rent rose about 3.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in St. John the Baptist Parish, Louisiana?
66.8% of households in St. John the Baptist Parish, Louisiana own their home, higher than the Louisiana average of 57.3%.
What is the vacancy rate in St. John the Baptist Parish, Louisiana?
The housing vacancy rate in St. John the Baptist Parish, Louisiana is 16.1%, higher than the Louisiana average of 14.8%.