Real Estate Market Update for Lake Charles, LA
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Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 16% from one year earlier, and down 9% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 160-thousand dollars. The number of units sold decreased 24% year-over-year, and decreased 15% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Lake Charles, LA
Area Information for Lake Charles, LA
  • Population: 73,479
  • Median Age: 35.06 yr
  • Median Commute Time: 14.41 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 1,747/sq mi
  • Population Change Since 2000: .41%
  • Closest Airport: Lake Charles Regional
  • Closest College: Mcneese State University
  • Closest Jr. College: Delta School Of Business And Technology
  • Median Household Income: $36,873
  • Annual Residential Turnover: 9.64%
  • Median Years in Residence: 4.22 yr
  • Median Home Sales Price: $107,900
  • Closest Major Sports Team: Astros
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lake Charles, LA
Median Age: 35.06 Married: 28% Number of Households: 30,016 Households with Children: 9,144
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Lake Charles, LA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Washington/marion Magnet High School 1.0 mi Public 9-12 1 3
      Calcasieu Career Center 1.2 mi Public 9-12 0 0
      Ray D. Molo Middle Magnet School 1.7 mi Public 6-8 1 4
      John J. Johnson Ii Elementary School 2.0 mi Public PRESCHOOL-5 1 0
      Combre/fondel Elementary School 2.1 mi Public PRESCHOOL-5 2 5
      Jessie D. Clifton Elementary School 2.2 mi Public PRESCHOOL-5 1 4
      Brenda Hunter Head Start 2.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Ralph F. Wilson Elementary School 2.6 mi Public PRESCHOOL-5 2 5
      Reynaud Middle School 2.8 mi Public 6-8 0 4
      John F. Kennedy Elementary School 3.0 mi Public PRESCHOOL-5 4 3
      Bishop Noland Episcopal Day School 3.4 mi Private PRESCHOOL-8 0 5
      Pearl Watson Elementary School 3.4 mi Public PRESCHOOL-5 2-5 4
      Hamilton Christian Academy 3.5 mi Private PRESCHOOL-12 0 5
      Lake Charles Academy Of Learning 3.5 mi Public 9-12 0 0
      T. H. Watkins Elementary School 3.6 mi Public PRESCHOOL-5 1 0
      St Louis Catholic High School 3.7 mi Catholic 9-12 0 0
      St Louis Catholic High School 3.7 mi Catholic 9-12 0 0
      Oak Park Elementary School 3.9 mi Public PRESCHOOL-5 1 3
      Oak Park Middle School 3.9 mi Public 6-8 2 3
      Lake Charles Charter Academy 3.9 mi Public K-6 0 0
      Moss Bluff Elementary School 4.0 mi Public PRESCHOOL-5 4-5 4
      St. Margaret Of Scotland Catholic School 4.1 mi Catholic PRESCHOOL-8 0 0
      Immaculate Conception Cathedral Catholic School 4.3 mi Catholic PRESCHOOL-8 0 0
      St. Theodore's Holy Family Catholic School 4.5 mi Catholic PRESCHOOL-8 0 0
      Sam Houston High School 4.5 mi Public 9-12 3-5 3
      Glad Tidings Preschool 4.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      T. S. Cooley Elementary Magnet School 4.7 mi Public K-5 5 5
      Lagrange High School 4.9 mi Public 8-12 1 4
      Moss Bluff Middle School 5.0 mi Public 6-8 4-5 5
      College Street Voc Center/ Westlake T&i 5.0 mi Public 9-12 0 0
      Fairview Elementary School 5.0 mi Public PRESCHOOL-5 2 4
      Barbe Elementary School 5.0 mi Public PRESCHOOL-5 1 4
      Henry Heights Elementary School 5.1 mi Public PRESCHOOL-5 2-5 5
      Brentwood Elementary School 5.1 mi Public PRESCHOOL-5 1 4
      College Oaks Elementary School 5.7 mi Public PRESCHOOL-5 2-5 4
      F. K. White Middle School 6.0 mi Public 6-8 3 4
      Our Lady Queen Of Heaven Catholic School 6.2 mi Catholic PRESCHOOL-8 0 0
      Lebleu Settlement Elementary School 6.5 mi Public PRESCHOOL-5 4-5 5
      Prien Lake Elementary School 7.0 mi Public PRESCHOOL-5 5 5
      Dolby Elementary School 7.0 mi Public PRESCHOOL-5 4 4
      S. J. Welsh Middle School 7.3 mi Public 6-8 4 4
      A. A. Nelson Elementary School 7.4 mi Public PRESCHOOL-5 4 5
      M. J. Kaufman Elementary School 7.6 mi Public PRESCHOOL-5 4 3
      Alfred M. Barbe High School 7.8 mi Public 9-12 3 4
      Gillis Elementary School 8.6 mi Public PRESCHOOL-5 4 5
      Calcasieu Alternative Site For Elem. Students 8.6 mi Private K-5 0 0
      Elementary Alternative School 8.6 mi Public K-5 0 0
      St. John Elementary School 9.2 mi Public PRESCHOOL-5 4 4
      Grand Lake High School 16.5 mi Public PRESCHOOL-12 3-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Lake Charles, LA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.