Despite tight housing market, Baton Rouge residential vacancy rate rises

Source: Business Report — 

A national real estate data firm counts 3,622 vacant residential properties in the Baton Rouge metro area, or 1.46% of the total. 

That’s a little above the national average of 1.37% and a little higher than the local vacancy rate found in the fourth quarter of last year, which was 1.4%, according to the data ATTOMcollected. 

Of the regional total, 2,984 of the vacant properties are in East Baton Rouge Parish, which represents 2.09% of all residential properties in the parish, the report shows. The rate was 1.6% statewide.