Baton Rouge Real Estate Market 2019 Statistics
If you are looking at buying a house in Baton Rouge, LA as a potential investment opportunity, you must read till the end. Home prices in the Baton Rouge real estate market are expected to rise by 0.8% by the end of 2019. If you talk about Louisiana, most people think first of New Orleans. They may get points for the Mardi Gras parade, but cultural attractions like that aren’t a reason to move somewhere. Yet the fact that a city is considered hot with tourists may make it unsuitable for real estate investors. Let’s take a look at the often overlooked Baton Rouge area instead.
Baton Rouge is home to over two hundred thousand people. However, the Baton Rouge housing market is much larger than this. The city and suburbs together contain over eight hundred thousand people. This makes the Baton Rough real estate market the second largest in the state of Louisiana, second only to New Orleans. Let us now discuss the latest Baton Rouge housing market trends and forecasts for 2019 & 2020 and find out why you should invest in this hot market.