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 a population of 9,624, 4,051 total housing units (homes and apartments), and a median house value of $151,682, house prices in DeRidder are solidly below the national average.
Single-family detached homes are the single most common housing type in DeRidder, accounting for 77.23% of the city's housing units. Other types of housing that are prevalent in DeRidder include large apartment complexes or high rise apartments ( 8.51%), mobile homes or trailers ( 6.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.48%).
The most prevalent building size and type in DeRidder are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.39% owning and 38.61% renting.
There is a lot of housing in DeRidder 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 DeRidder built between 1940-1969 ( 30.41%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.77%). There's also some housing in DeRidder built before 1939 ( 11.20%).
Vacant housing appears to be an issue in DeRidder. Fully 14.21% of the housing stock is classified as vacant. Left unchecked, vacant DeRidder homes and apartments can be a drag on the real estate market, holding DeRidder real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in DeRidder, where house values have increased just 33.31%, which is annualized rate of 2.92%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, DeRidder appreciation rates have trailed the rest of the nation. In the last twelve months, DeRidder's appreciation rate has been -0.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in DeRidder were at -3.69%, which equates to an annual appreciation rate of -13.97%.
Notably, DeRidder's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Louisiana, our data show that DeRidder's latest annual appreciation rate is lower than 80% of the other cities and towns in Louisiana.
$151,682
for Louisiana
for nation
4,051
$1,335 / per month