Houma, LA—70344
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Houma, LA
As of Oct '25, the median home price in Houma, LA is $106,000, with a year-over-year change of 3.9%. This indicates that home prices in Houma, LA are increasing. According to Zillow, the 1-year price projection is -6.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $106,000 | 3.9% |
| Single Family | $106,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Houma, LA
As of July '25, Rentcast reports the average rent in Houma, LA is $1,050, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Houma, LA is 2-bedrooms: $1,050. The most common rental property sizes in Houma, LA are 2-bedroom and 3-bedroom, accounting for 46.6% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,050 | $1,050 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Houma, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Houma, LA is 144. 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $238,000 | -3.0% |
Listing Count | 37 | 49.0% |
| Listings as % of Homes | 0.6% | 49.0% |
Days on Market | 144 | -2.0% |
Demographics — Houma, LA
As of the latest ACS Survey released in 2023, Houma, LA has a population of 5,150, which has decreased by -8.8% over the past 5 years. Houma, LA is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 5.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,150 | -8.8% |
% Under 18 | 23.2% | -5.3% |
% Seniors | 20.1% | 34.0% |
% WFH | 4.5% | 80.0% |
% w/ College Degree | 5.9% | 0.0% |
As of the latest ACS Survey released in 2023, Houma, LA is a predominantly white area, with 73.0% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Houma, LA is black, making up 6.8% of the population. Foreign-born residents account for 0.9% of the population in Houma, LA, and this percentage has increased by 28.6% 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 | 73.0% | -13.9% |
% Black | 6.8% | -27.7% |
% Hispanic | 2.1% | 10.5% |
% Asian | 2.8% | ∞% |
% Foreign Born | 0.9% | 28.6% |
Mortgage and Risk — Houma, LA
According to HUD data as of 2023, there were 28 mortgage originations in Houma, LA, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Houma, LA. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 7.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Houma, LA
Houma, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | -$40 | $1,050 | $1,010 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Houma, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $106,000 |
| Median Household Income | $52,400 |