Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 6,711 people, 2,520 houses or apartments, and a median cost of homes of $187,116, house prices in Schriever are solidly below the national average.
Single-family detached homes are the single most common housing type in Schriever, accounting for 67.19% of the town's housing units. Other types of housing that are prevalent in Schriever include mobile homes or trailers ( 19.24%), duplexes, homes converted to apartments or other small apartment buildings ( 12.16%), and a few large apartment complexes or high rise apartments ( 1.42%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Schriever. Owner-occupied housing accounts for 83.14% of Schriever's homes, and 73.58% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Schriever built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Schriever built between 2000 and later ( 29.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 27.44%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Schriever, where house values have increased just 45.92%, which is annualized rate of 3.85%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Schriever that despite a nationwide downturn in the housing market, Schriever real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Schriever appreciation rates continue to be some of the highest in America, at 13.09%, which is higher than appreciation rates in 79.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Schriever. Schriever appreciation rates in the latest quarter were at 15.37%, which equates to an annual appreciation rate of 77.14%.
Importantly, this makes Schriever one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Louisiana, our data show that Schriever's latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana.
$187,116
for Louisiana
for nation
2,520
$1,367 / per month