Home prices
The median home cost in Raceland is $133,500. In comparison to its surrounding areas it is approximately $26,340 (16%) lower.It is roughly $84,000 (38%) lower in comparison to the country as a whole, and compared to the city of New Orleans it is roughly $98,000 (42%) lower.
Rents
The median monthly rent in Raceland is $643. Compared to its surrounding areas this is approximately $145 (18%) lower.Compared to the rest of the country it is approximately $419 (39%) lower, and compared to the city of New Orleans it is about $355 (35%) lower.
Nearby places
Mathews
Mathews is Raceland's neighbor to the southeast. Its housing prices are substantially more expensive. Mathews's median home cost is $198,100, which is $64,600 (32%) higher than Raceland. Its rents are somewhat more expensive. In Mathews the median rent is $851 per month, which comes out to $208 (24%) higher than Raceland.
Lockport Heights
Lockport Heights is approximately 7 miles southeast from Raceland. Housing prices there are somewhat more expensive. The median home in Lockport Heights costs $190,600, which works out to $57,100 (29%) higher than Raceland. Its rents are similar. The median monthly rent in Lockport Heights is $646, which is very similar to Raceland.
Bayou Blue
Bayou Blue is about 7 miles south from Raceland. Its housing prices are somewhat more expensive. The price of the median home in Bayou Blue is $156,500, which comes out to $23,000 (14%) higher than Raceland. Rent there is somewhat more expensive. In Bayou Blue the median rent is $817 a month, which works out to $174 (21%) higher than Raceland.
Lockport
Lockport is approximately 8 miles southeast of Raceland. Its housing prices are a bit less expensive. Lockport's median home price is $103,800, which comes out to $29,700 (28%) lower than Raceland. Rent there is somewhat more expensive. The median monthly rent in Lockport is $711, which is $68 (9%) higher than Raceland.
Gray
Gray is about 8 miles southwest of Raceland. The housing prices there are somewhat more expensive. The median home in Gray is valued at $150,200, which is $16,700 (11%) higher than Raceland. Rent there is somewhat more expensive. In Gray the median monthly rent is $917, which works out to $274 (29%) higher than Raceland.
