Gretna, LA—70056
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 $249,000, with a year-over-year change of 4.0%. This indicates that home prices in Gretna, LA are increasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $249,000 | 4.0% |
| Single Family | $250,000 | 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 | $140,000 | 2.2% |
3 Bed | $230,000 | 5.5% |
4 Bed | $289,000 | 8.2% |
| 5 Bed | $387,000 | 7.8% |
% of Housing Stock
Rental Trends — Gretna, LA
As of July '25, Rentcast reports the average rent in Gretna, LA is $1,940, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Gretna, LA is studios: $850, 1-bedrooms: $1,180, 2-bedrooms: $1,300, 3-bedrooms: $2,110, 4-bedrooms: $2,550. The most common rental property sizes in Gretna, LA are 2-bedroom and 1-bedroom, accounting for 40.1% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,940 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $1,100 | $1,180 |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $2,000 | $2,110 |
| 4 Bed Rent | $2,400 | $2,550 |
% 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 50. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | -7.0% |
Listing Count | 124 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 50 | -5.0% |
Demographics — Gretna, LA
As of the latest ACS Survey released in 2023, Gretna, LA has a population of 42,500, which has increased by 5.1% over the past 5 years. Gretna, LA is a popular place for families, as children make up 29.2% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,500 | 5.1% |
% Under 18 | 29.2% | 8.1% |
% Seniors | 11.8% | -7.1% |
% WFH | 6.5% | 160.0% |
% w/ College Degree | 28.2% | 45.4% |
As of the latest ACS Survey released in 2023, Gretna, LA is a predominantly black area, with 36.8% of the population identifying as black. The black population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Gretna, LA is white, making up 32.2% of the population. Foreign-born residents account for 19.7% of the population in Gretna, LA, and this percentage has increased by 10.7% 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 | 32.2% | -14.8% |
% Black | 36.8% | -3.4% |
% Hispanic | 26.4% | 60.0% |
% Asian | 4.3% | -20.4% |
% Foreign Born | 19.7% | 10.7% |
Mortgage and Risk — Gretna, LA
According to HUD data as of 2023, there were 319 mortgage originations in Gretna, LA, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Gretna, LA. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 319 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Gretna, LA
As of 2024, the percent of homes in Gretna, LA under the Section 8 program is 12.8%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Gretna, LA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 775 |
Total Units Section 8 | 761 |
% Rentals under Section 8 | 12.8% |
% Occupied Section 8 | 96.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,100 | $1,230 |
| 2 Bedroom | $170 | $1,300 | $1,470 |
| 3 Bedroom | -$120 | $2,000 | $1,880 |
| 4 Bedroom | -$190 | $2,400 | $2,210 |
Affordability — Gretna, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $249,000 |
| Median Household Income | $61,800 |