Home Values

Rapides Parish Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$125,600

  • 27.3% 1-year change
  • 4.7% 1-year forecast

The median home value in Rapides Parish is $125,600. Rapides Parish home values have gone up 27.3% over the past year and Zillow predicts they will rise 4.7% within the next year. The median price of homes currently listed in Rapides Parish is $167,500. The median rent price in Rapides Parish is $625, which is the same as the Alexandria Metro median of $625.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Rapides Parish is 3.7%, which is lower than the national value of 6.4%.

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Relative ZHVI
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Rapides Parish Market Overview

Data through Jan 31, 2015
  • $125,600 ZHVI
  • 4.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $167,500 Median listing price
  • No data Median sale price
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Rapides Parish Market Health

Data through Jan 31, 2015
  • 9.9/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 3.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Counties

Name Median ZHVI
Natchitoches Parish $130,200
Vernon Parish $111,200
 

Listings & Sales

Data through Jan 31, 2015
  • $100 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Rapides Parish Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,036 Rapides Parish
    $1,089 Alexandria Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $625 Rent list price
  • $0.70 Rent list price / sq ft
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