La Place, LA 70068 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

La Place, LA—70068

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$208,000

6.5% YoY Growth

Household Income

$69,300

13.2% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

-2.8%

Median Rent

$1,750

0.6% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,280

8.8% YoY Growth

3-Bed Rent

$1,850

2.1% YoY Growth

Home Price Trends — La Place, LA

As of Dec '25, the median home price in La Place, LA is $208,000, with a year-over-year change of -6.5%. This indicates that home prices in La Place, LA are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$208,000	-6.5%
Single Family	$209,000	-6.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — La Place, LA

As of July '25, Rentcast reports the average rent in La Place, LA is $1,770, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in La Place, LA is 2-bedrooms: $1,240, 3-bedrooms: $1,900, 4-bedrooms: $2,080. The most common rental property sizes in La Place, LA are 3-bedroom and 2-bedroom, accounting for 39.3% and 34.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$1,770
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,280	$1,240
3 Bed Rent	$1,850	$1,900
4 Bed Rent	$2,000	$2,080

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% of Rental Stock

Studio

4.0%

1 Bedroom

9.7%

2 Bedrooms

34.9%

3 Bedrooms

39.3%

4 Bedrooms

8.2%

5+ Bedrooms

4.0%

Property Listings — La Place, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in La Place, LA is 78. This is a decrease of -6.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$230,000	8.0%
Listing Count	142	7.0%
Listings as % of Homes	1.1%	7.0%
Days on Market	75	-8.0%

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Demographics — La Place, LA

As of the latest ACS Survey released in 2023, La Place, LA has a population of 33,000, which has decreased by -3.6% over the past 5 years. La Place, LA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	33,000	-3.6%
% Under 18	26.0%	1.2%
% Seniors	13.5%	19.5%
% WFH	7.1%	343.7%
% w/ College Degree	18.7%	4.5%

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As of the latest ACS Survey released in 2023, La Place, LA is a predominantly black area, with 51.2% of the population identifying as black. The black population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in La Place, LA is white, making up 34.1% of the population. Foreign-born residents account for 4.9% of the population in La Place, LA, and this percentage has increased by 22.5% 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	34.1%	-10.3%
% Black	51.2%	-0.2%
% Hispanic	8.5%	28.8%
% Asian	1.5%	7.1%
% Foreign Born	4.9%	22.5%

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Mortgage and Risk — La Place, LA

According to HUD data as of 2023, there were 439 mortgage originations in La Place, LA, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in La Place, LA. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	439
% Conventional Loans	49.0%
% Government Loans	51.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — La Place, LA

La Place, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	458
Total Units Section 8	458
% Rentals under Section 8	19.6%
% Occupied Section 8	81.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,210
2 Bedroom	$170	$1,280	$1,450
3 Bedroom	$0	$1,850	$1,850
4 Bedroom	$180	$2,000	$2,180

La Place, LA—70068

Key Metrics at a Glance

Home Price Trends — La Place, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — La Place, LA

% of Rental Stock

Property Listings — La Place, LA

Demographics — La Place, LA

Race and Ethnicity

Mortgage and Risk — La Place, LA

Mortgages

Rentals and Section 8 — La Place, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — La Place, LA

Home Price to Income Ratio

La Place, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Norco, LA

Reserve, LA

Columbia, LA

Hahnville, LA

Destrehan, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$208,000
Median Household Income	$69,300

La Place, LA—70068

Key Metrics at a Glance

Home Price Trends — La Place, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — La Place, LA

% of Rental Stock

Property Listings — La Place, LA

Demographics — La Place, LA

Race and Ethnicity

Mortgage and Risk — La Place, LA

Mortgages

Rentals and Section 8 — La Place, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — La Place, LA

Home Price to Income Ratio

La Place, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Norco, LA

Reserve, LA

Columbia, LA

Hahnville, LA

Destrehan, LA

Frequently Asked Questions

What is the average home price in La Place, LA 70068?

How have home prices in La Place, LA 70068 changed over the past year?

What is the home price projection for La Place, LA 70068?

What are the demographics of La Place, LA 70068?

How long does it take homes to sell in La Place, LA 70068?

What is the average rent price in La Place, LA 70068?