Thibodaux, LA—70301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thibodaux, LA
As of Oct '25, the median home price in Thibodaux, LA is $222,000, with a year-over-year change of -0.7%. This indicates that home prices in Thibodaux, LA are flat. According to Zillow, the 1-year price projection is -5.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $222,000 | -0.7% |
| Single Family | $222,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | 7.2% |
3 Bed | $244,000 | 1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thibodaux, LA
As of July '25, Rentcast reports the average rent in Thibodaux, LA is $1,360, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in Thibodaux, LA is 1-bedrooms: $965, 2-bedrooms: $1,100, 3-bedrooms: $1,600, 4-bedrooms: $2,000. The most common rental property sizes in Thibodaux, LA are 2-bedroom and 1-bedroom, accounting for 47.4% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,360 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $965 |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,500 | $1,600 |
| 4 Bed Rent | $1,800 | $2,000 |
% of Rental Stock
Property Listings — Thibodaux, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Thibodaux, LA is 75. This is a decrease of -4.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | -10.0% |
Listing Count | 235 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 75 | -4.0% |
Demographics — Thibodaux, LA
As of the latest ACS Survey released in 2023, Thibodaux, LA has a population of 48,800, which has increased by 7.8% over the past 5 years. Thibodaux, LA is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,800 | 7.8% |
% Under 18 | 23.7% | 3.9% |
% Seniors | 16.6% | 15.3% |
% WFH | 5.0% | 127.3% |
% w/ College Degree | 29.2% | 20.7% |
As of the latest ACS Survey released in 2023, Thibodaux, LA is a predominantly white area, with 70.5% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Thibodaux, LA is black, making up 20.4% of the population. Foreign-born residents account for 1.8% of the population in Thibodaux, LA, and this percentage has decreased by 28.0% 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 | 70.5% | -1.3% |
% Black | 20.4% | -4.2% |
% Hispanic | 5.4% | 80.0% |
% Asian | 0.5% | -44.4% |
% Foreign Born | 1.8% | -28.0% |
Mortgage and Risk — Thibodaux, LA
According to HUD data as of 2023, there were 598 mortgage originations in Thibodaux, LA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Thibodaux, LA. Investor activity is low, as 7.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 598 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Thibodaux, LA
As of 2024, the percent of homes in Thibodaux, LA under the Section 8 program is 8.3%. 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 Thibodaux, LA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 781 |
Total Units Section 8 | 398 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $825 | $930 |
| 2 Bedroom | $40 | $1,100 | $1,140 |
| 3 Bedroom | -$120 | $1,500 | $1,380 |
| 4 Bedroom | -$280 | $1,800 | $1,520 |
Affordability — Thibodaux, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $222,000 |
| Median Household Income | $62,500 |