Lake Charles Metro Area, LA Housing

The housing market in the Lake Charles, LA Metro Area is significantly lower than the national median value. At $177,800, the area has a much more affordable price point than other areas of the country. The US 1 year House Appreciation rate of 8.27% is far higher than that of Lake Charles, which is only 1.01%. Despite this lower rate of appreciation, it can still be considered a stable market for those looking at purchasing or investing in real estate in the area.

The median home cost in Lake Charles Metro Area is $177,800. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Lake Charles Metro Area is up 11.0%.

Average Age of Homes

- The median age of Lake Charles Metro Area real estate is 34 years old

The Rental Market in Lake Charles Metro Area

- Renters make up 26.2% of the Lake Charles Metro Area population
- 2.4% of houses and apartments in Lake Charles Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Charles, Louisiana	United States
	95,927.0	139,647,020.0
	36	42
	$177,800	$338,100
	11.0%	16.6%
	27.8%	57.0%
	54.1%	101.1%
	$4.92	$10.98
	$841	$2,690
	58.4%	57.4%
	17.6%	11.2%
	24.0%	31.4%
Vacant Housing
	2.4%	1.9%
	0.7%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	3.3%	3.6%
	10.1%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	3.7%	2.4%
	5.2%	2.8%
	5.9%	3.9%
	7.0%	4.5%
	15.4%	11.3%
	19.2%	13.0%
	22.1%	20.1%
	10.1%	13.6%
	3.3%	8.3%
	2.6%	9.7%
	0.8%	3.9%
	0.4%	2.2%
	0.7%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	16.3%	13.6%
	16.3%	13.6%
	12.9%	13.6%
	12.1%	13.2%
	14.6%	14.8%
	12.9%	13.6%
	11.5%	10.0%
	4.0%	4.7%
	4.4%	12.2%

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