Gretna, LA—70053
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Gretna, LA
Home Price Trends — Gretna, LA
As of Oct '25, the median home price in Gretna, LA is $207,000, with a year-over-year change of -6.8%. This indicates that home prices in Gretna, LA are decreasing. According to Zillow, the 1-year price projection is -3.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $207,000 | -6.8% |
| Single Family | $207,000 | -5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | 1.6% |
3 Bed | $222,000 | 4.2% |
4 Bed | $286,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gretna, LA
As of July '25, Rentcast reports the average rent in Gretna, LA is $1,740, with a year-over-year rent change of 9.4%. Per bedroom, the median rent as of July '25 in Gretna, LA is studios: $1,000, 1-bedrooms: $1,130, 2-bedrooms: $1,620, 3-bedrooms: $1,960, 4-bedrooms: $2,580. The most common rental property sizes in Gretna, LA are 1-bedroom and 2-bedroom, accounting for 38.0% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,740 |
| Studio Rent | $700 | $1,000 |
| 1 Bed Rent | $1,350 | $1,130 |
| 2 Bed Rent | $1,500 | $1,620 |
| 3 Bed Rent | $1,950 | $1,960 |
| 4 Bed Rent | $2,500 | $2,580 |
% of Rental Stock
Property Listings — Gretna, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gretna, LA is 101. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $266,000 | 15.0% |
Listing Count | 56 | 54.0% |
| Listings as % of Homes | 0.4% | 54.0% |
Days on Market | 101 | 44.0% |
Demographics — Gretna, LA
As of the latest ACS Survey released in 2023, Gretna, LA has a population of 16,400, which has remained stable by 0.6% over the past 5 years. Gretna, LA is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | 0.6% |
% Under 18 | 22.2% | 16.8% |
% Seniors | 14.9% | 7.2% |
% WFH | 7.5% | 226.1% |
% w/ College Degree | 23.9% | 44.8% |
As of the latest ACS Survey released in 2023, Gretna, LA is a predominantly white area, with 36.3% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Gretna, LA is black, making up 34.3% of the population. Foreign-born residents account for 18.9% of the population in Gretna, LA, and this percentage has increased by 58.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.3% | -15.4% |
% Black | 34.3% | -14.0% |
% Hispanic | 23.1% | 51.0% |
% Asian | 2.6% | 271.4% |
% Foreign Born | 18.9% | 58.8% |
Mortgage and Risk — Gretna, LA
According to HUD data as of 2023, there were 99 mortgage originations in Gretna, LA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Gretna, LA. Investor activity is low, as 11.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Gretna, LA
As of 2024, the percent of homes in Gretna, LA under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Gretna, LA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 321 |
Total Units Section 8 | 321 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $1,350 | $1,080 |
| 2 Bedroom | -$210 | $1,500 | $1,290 |
| 3 Bedroom | -$300 | $1,950 | $1,650 |
| 4 Bedroom | -$560 | $2,500 | $1,940 |
Affordability — Gretna, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $207,000 |
| Median Household Income | $43,800 |