Violet, LA70092

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$164,000
7.2% YoY Growth
Median Household Income
$60,700
44.8% 5-Year Growth
Days on Market
98
12.0% Longer than last year
Home Price Forecast
-3.2%
Median Rent
$1,150
6.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,100
3.5% YoY Growth
3-Bed Rent
$1,500
6.2% YoY Growth

Property Listings — Violet, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Violet, LA is 98. This is a increase of 12.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$215,00011.0%
Listing Count
25-13.0%
Listings as % of Homes1.5%-13.0%
Days on Market
9812.0%
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Demographics — Violet, LA

As of the latest ACS Survey released in 2023, Violet, LA has a population of 6,780, which has decreased by -5.2% over the past 5 years. Violet, LA is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,780-5.2%
% Under 18
26.4%0.4%
% Seniors
13.1%5.6%
% WFH
8.5%672.7%
% w/ College Degree
17.8%95.6%
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As of the latest ACS Survey released in 2023, Violet, LA is a predominantly white area, with 45.7% of the population identifying as white. The white population has grown by 14.5% in the last 5 years. The second most common race or ethnicity in Violet, LA is black, making up 42.8% of the population. Foreign-born residents account for 1.8% of the population in Violet, LA, and this percentage has decreased by 51.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
45.7%14.5%
% Black
42.8%-18.0%
% Hispanic
8.6%10.3%
% Asian
0.4%300.0%
% Foreign Born
1.8%-51.4%
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Mortgage and Risk — Violet, LA

According to HUD data as of 2023, there were 29 mortgage originations in Violet, LA, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Violet, LA. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
29
% Conventional Loans
48.0%
% Government Loans
52.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Violet, LA

Violet, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
125
Total Units Section 8
125
% Rentals under Section 8
32.2%
% Occupied Section 8
100.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,210
2 Bedroom$350$1,100$1,450
3 Bedroom$350$1,500$1,850
4 BedroomN/AN/A$2,180

Affordability — Violet, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$164,000
Median Household Income$60,700

Violet, LA — ZIP Code Boundary Map

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Frequently Asked Questions