A typical Many home is worth roughly $149,000
Home prices around Many have risen about 55% over the past 5 years. No new homes were permitted in 2012.
What kind of housing town is Many?
Read from the numbers below. The page puts what stands out first.
Home prices up 55% in 5 years
The federal house price index for the ZIP code around Many rose 55% over the past 5 years, faster than across Louisiana (22%). Last year prices rose 32%. Carrying the Census median home value forward with that index puts the typical Many home at roughly $149,000 today.
Carrying the Census median forward with the index puts a typical home at about $149K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Many, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 4.1 years of income
More than across Louisiana (3.6 years). Try your own numbers below.
That covers a typical Many home, with $2K to spare.
A two-bedroom rents for about $910 a month here, $60 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Many’s typical property tax (0.56% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $910
Renters already here pay a median of $631, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Sabine Parish, LA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2012
No permits for new homes were issued in Many in 2012. The last year with any was 2003 (2 new homes).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 2 | 2 | 0 | $253,000 |
| 2002 | 3 | 3 | 0 | $362,000 |
| 2001 | 2 | 2 | 0 | $267,000 |
| 2000 | 0 | 0 | 0 | — |
Many's permit office didn't report to the Census in 2012, so the 2012 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
56% of Many households own their home
Half of Many’s homes were built before 1971.
Louisiana: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
On the market in Many
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Many buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.