Lafitte, LA—70067
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lafitte, LA
As of Oct '25, the median home price in Lafitte, LA is $201,000, with a year-over-year change of -3.0%. This indicates that home prices in Lafitte, LA are decreasing. According to Zillow, the 1-year price projection is -5.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | -3.0% |
| Single Family | $201,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lafitte, LA
As of July '25, Rentcast reports the average rent in Lafitte, LA is $1,750, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in Lafitte, LA is 2-bedrooms: $1,400, 3-bedrooms: $2,100. The most common rental property sizes in Lafitte, LA are 3-bedroom and 2-bedroom, accounting for 42.6% and 37.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lafitte, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lafitte, LA is 94. This is a decrease of -12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | 28.0% |
Listing Count | 22 | -2.0% |
| Listings as % of Homes | 1.8% | -2.0% |
Days on Market | 94 | -12.0% |
Demographics — Lafitte, LA
As of the latest ACS Survey released in 2023, Lafitte, LA has a population of 2,690, which has decreased by -7.0% over the past 5 years. Lafitte, LA is a popular place for families, as children make up 28.3% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,690 | -7.0% |
% Under 18 | 28.3% | 10.5% |
% Seniors | 13.4% | 4.7% |
% WFH | 4.1% | -33.9% |
% w/ College Degree | 11.6% | 33.3% |
As of the latest ACS Survey released in 2023, Lafitte, LA is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Lafitte, LA is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.2% of the population in Lafitte, LA, and this percentage has decreased by 87.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.4% | -1.4% |
% Black | 0.0% | N/A |
% Hispanic | 3.2% | 10.3% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.2% | -87.5% |
Mortgage and Risk — Lafitte, LA
According to HUD data as of 2023, there were 18 mortgage originations in Lafitte, LA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Lafitte, LA. Investor activity is low, as 0.0% of loans were by investors. 28.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 28.0% |
Loan Activity
Rentals and Section 8 — Lafitte, LA
Lafitte, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | -$170 | $1,400 | $1,230 |
| 3 Bedroom | -$520 | $2,100 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Lafitte, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $201,000 |
| Median Household Income | $61,200 |