Baton Rouge Real Estate Market Overview
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Selling a home in Baton Rouge, LA
In Baton Rouge, the median home value is $183,015. In the state of Louisiana, the best time to sell a home for the highest price is during June. If you’re want to sell your home quickly, July sales are up to 14 days faster than the annual average. Since the average time it takes to sell a home in Baton Rouge is 42 days, this means you could close on your home in just 28. With the help of an iBuyer, you could sell your home even quicker. iBuyers provide home owners with an all cash offer in just 24 hours. They’ll even take care of the cleaning, repairs and staging of your home, so you don’t have to. This takes out the time and the stress that often comes when working with traditional real estate methods.
Location & Weather
The location of Baton Rouge is on the eastern side of Mississippi River and is around 60 miles from the Gulf of Mexico. It’s the capitol of Louisiana, and has a semi-tropical climate. This city receives around 55 inches of rain per-year, which explains why it’s the fifth wettest city in the United States. It’s also a fairly cheap place to live, and is one of the most tax-friendly states in the country. While it’s mostly known for its famous food scene and spirited culture, it’s also known to be family-friendly. This colorful city has a little something for everyone, as its home to sports venues, stadiums, universities, museums, markets, tours, and an active nightlife. Some must-see areas include the Red Stick Farmers Market, the Baton Rouge Zoo, Capitol Park Museum, the USS Kid, and the Louisiana State Capitol.
The weather in Baton Rouge is made up of long, hot summers and short, cold winters. During summer, temperatures have highs in the 90’s and lows in the 60’s. Winter temperatures have highs in the 60’s and lows in the 40’s.
Population, Job Market & Cost of Living
The population here is 216,701. The job growth in this city has increased by 1.3% over the last year and in ten years, is predicted to have increased by 24.4%. Dominant industries here include audio engineering, education, energy, government and manufacturing. The largest companies to work for here are Amedisys, State of Louisiana, Louisiana, Future Pipe Industries and Turner Industries. The cost of living in Baton Rouge is lower than the national average, making it a fairly affordable place to live.
If you’re interested in living in Louisiana, consider the charming city of Baton Rouge. With steady job growth, a comfortable climate and tons of recreation, this city provides residents with a life that’s far from boring.