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Baton Rouge ranked 4th worst real estate market

Posted on 9/7/26 at 12:32 pm
Posted by RunninReb
Member since Feb 2023
531 posts
Posted on 9/7/26 at 12:32 pm
Here are some of the statistics:

- 291st – Share of seriously underwater mortgages
- 284th – Median days on the market
- 276th – Median home-price appreciation
- 268th – JOB growth rate
- 191st – Foreclosure rate
- 281st - % of delinquent mortgage holders
- 119th – Home price as % of income
- 228th – Maintenance costs as % of income


LINK
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53872 posts
Posted on 9/7/26 at 12:41 pm to
4th worst and we still beat out New Orleans and Shreveport

I think housing is pretty screwed up right now in many markets. It's terrible in Florida right now too. You have a lot of people like me sitting on 2.3% mortgages that aren't willing to give that up.

Overall, Louisiana's economy is actually doing pretty well right now.

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Posted by cassopher
Lake Charles
Member since Jan 2010
817 posts
Posted on 9/7/26 at 12:43 pm to
Now do Lafayette!
Posted by toosleaux
Stuck in Baton Rouge traffic
Member since Dec 2007
9506 posts
Posted on 9/7/26 at 12:44 pm to
If we're being honest, there's not a single metric besides food that would draw people to come live here. Most of us are here because we were born here.
Posted by SulphursFinest
Lafayette
Member since Jan 2015
12100 posts
Posted on 9/7/26 at 12:46 pm to
Lake Charles has to be pretty good, jobs are booming here
Posted by Loup
Ferriday
Member since Apr 2019
17840 posts
Posted on 9/7/26 at 12:50 pm to
quote:

You have a lot of people like me sitting on 2.3% mortgages that aren't willing to give that up


Yeah that's the boat I'm in. I can afford a bigger house now (only in 950 sf) but damnit I'm not paying 5+% in interest when I can make do wirh this one.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53872 posts
Posted on 9/7/26 at 12:52 pm to
We are luckily in a house we like, but had discussed downsizing since our kids are gone now, but it's actually cheaper for us to stay here
Posted by LootieandtheBlowfish
Member since Aug 2021
881 posts
Posted on 9/7/26 at 12:53 pm to
Yeah but there’s microclimates all over BR that don’t reflect this.

Posted by stout
Porte du Lafitte
Member since Sep 2006
185118 posts
Posted on 9/7/26 at 12:57 pm to
quote:

Now do Lafayette!



Lafayette is sitting on a mountain of 60 day or more lates and a lot of upcoming foreclosures





Posted by stout
Porte du Lafitte
Member since Sep 2006
185118 posts
Posted on 9/7/26 at 1:03 pm to
quote:

Lake Charles has to be pretty good, jobs are booming here


Rental market is great

Houses not so much. They are predicting a 4% decrease in values and we are already way down from the Covid 2021-22 peak


Posted by fallguy_1978
Best States #50
Member since Feb 2018
53872 posts
Posted on 9/7/26 at 1:11 pm to
quote:

They are predicting a 4% decrease in values and we are already way down from the Covid 2021-22 peak

It's kind of inevitable. Houses are priced for 3% rates but they are 6.5%. When the median household income can't afford median home prices at current rates the prices are going to come down eventually.
Posted by BZ504
Texas
Member since Oct 2005
14271 posts
Posted on 9/7/26 at 1:32 pm to
The Lafayette and LC area markets will blow up with Space X. Probably a trickle down effect for other parts of the state as well.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20545 posts
Posted on 9/7/26 at 1:42 pm to
quote:

Baton Rouge ranked 4th worst real estate market

All that money going to football. Homeless but the team is good.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
12285 posts
Posted on 9/7/26 at 2:54 pm to
Zillow sucks for home valuation.
Posted by Zachary
Member since Jan 2007
2035 posts
Posted on 9/7/26 at 3:04 pm to
what is better? thanks.
Posted by Veritas
Member since Feb 2005
11676 posts
Posted on 9/7/26 at 3:07 pm to
Sounds like a great place to get another out of state property to watch LSU beat Ole Miss belt to arse every other year in Tiger Stadium.

Thanks for highlighting the buying opportunity.

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