Port Allen, LA Real Estate & Homes For Sale

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Port Allen Housing Information

Index	Port Allen	Louisiana	National
Median home price	$124,000	$148,300	$184,700
Median rent asked	$751	$800	$949
Avg. people per household	2.2	2.6	2.6
Owner occupied households	63.9%	65.4%	63.6%
Renter occupied households	36.1%	34.6%	36.4%

The above shows an overview of the real estate market in Port Allen, LA. Note how the median home price for Port Allen, LA runs $124,000, which is 16% lower than the average property price for Louisiana. So you’re going to get real estate in Port Allen, LA that is on-average more affordable than what you’ll find in the rest of Louisiana. As for rent, the median for Port Allen, LA runs $751, which is comparatively 6% lower than the average rent for Louisiana. For Port Allen, LA, about 63.9% of the population consist of home owners with about 2.2 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Port Allen, LA offers a wide variety of real estate. To find your perfect home in Port Allen, LA, filter your choice by price, location, and number of beds and baths using the search area above.

Port Allen Home Affordability

When deciding where to purchase Port Allen, LA real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Port Allen, LA the median home price is $124,000 and $36,715 is the median household income. As a result, the home price to income ratio in Port Allen, LA is 3.4x, which is 4% higher than the Louisiana average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Port Allen, LA the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Port Allen, LA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Crescent, LA	532	$58,200	68%
Rosedale, LA	925	$93,000	50%
Grosse Tete, LA	694	$98,300	47%
Merrydale, LA	8,884	$111,900	39%
Baker, LA	13,754	$120,800	35%
Port Allen, LA	5,123	$124,000	33%

Cities with similar population

City, State	Population	Home Price	National Avg.
Avondale, LA	5,123	$96,500	48%
Chestertown, MD	5,122	$213,100	15%
Three Points, AZ	5,124	$87,000	53%
Glencoe, AL	5,122	$117,100	37%
Carlisle, OH	5,125	$133,800	28%
Port Allen, LA	5,123	$124,000	33%

Source: The Port Allen, LA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).