Westwego, LA70094

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$178,000
0.8% YoY Growth
Median Household Income
$52,700
51.5% 5-Year Growth
Days on Market
59
2.0% Shorter than last year
Home Price Forecast
-2.7%
Median Rent
$1,500
1.4% YoY Growth
1-Bed Rent
$850
9.1% YoY Growth
2-Bed Rent
$1,300
2.3% YoY Growth
3-Bed Rent
$1,550
0.6% YoY Growth

Property Listings — Westwego, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Westwego, LA is 59. This is a decrease of -2.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$200,0002.0%
Listing Count
99-9.0%
Listings as % of Homes0.5%-9.0%
Days on Market
59-2.0%
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Demographics — Westwego, LA

As of the latest ACS Survey released in 2023, Westwego, LA has a population of 32,000, which has increased by 5.2% over the past 5 years. Westwego, LA is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
32,0005.2%
% Under 18
24.5%-3.9%
% Seniors
15.6%5.4%
% WFH
5.0%127.3%
% w/ College Degree
13.9%35.0%
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As of the latest ACS Survey released in 2023, Westwego, LA is a predominantly black area, with 45.9% of the population identifying as black. The black population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Westwego, LA is white, making up 35.7% of the population. Foreign-born residents account for 8.1% of the population in Westwego, LA, and this percentage has increased by 1.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
35.7%-7.3%
% Black
45.9%-1.3%
% Hispanic
13.3%51.1%
% Asian
2.0%-51.2%
% Foreign Born
8.1%1.2%
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Mortgage and Risk — Westwego, LA

According to HUD data as of 2023, there were 288 mortgage originations in Westwego, LA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Westwego, LA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
288
% Conventional Loans
53.0%
% Government Loans
47.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Westwego, LA

As of 2024, the percent of homes in Westwego, LA under the Section 8 program is 15.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Westwego, LA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
1,019
Total Units Section 8
719
% Rentals under Section 8
15.5%
% Occupied Section 8
97.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$370$850$1,220
2 Bedroom$160$1,300$1,460
3 Bedroom$320$1,550$1,870
4 Bedroom$310$1,880$2,190

Affordability — Westwego, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$178,000
Median Household Income$52,700

Westwego, LA — ZIP Code Boundary Map

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Frequently Asked Questions