Grand Isle, LA70358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$262,000
21.6% YoY Growth
Median Household Income
N/A
N/A
Days on Market
193
8.0% Longer than last year
Home Price Forecast
-4.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Grand Isle, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Grand Isle, LA is 193. This is a increase of 8.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$406,0006.0%
Listing Count
841.0%
Listings as % of Homes2.5%1.0%
Days on Market
1938.0%
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Demographics — Grand Isle, LA

As of the latest ACS Survey released in 2023, Grand Isle, LA has a population of 644, which has decreased by -14.9% over the past 5 years. Grand Isle, LA is a less popular place for families, as children make up 10.1% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
644-14.9%
% Under 18
10.1%-47.9%
% Seniors
16.0%-38.0%
% WFH
0.3%-97.6%
% w/ College Degree
23.7%160.4%
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As of the latest ACS Survey released in 2023, Grand Isle, LA is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Grand Isle, LA is black, making up 1.4% of the population. Foreign-born residents account for 0.0% of the population in Grand Isle, LA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.0%-4.3%
% Black
1.4%366.7%
% Hispanic
0.8%-61.9%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Grand Isle, LA

According to HUD data as of 2023, there were 21 mortgage originations in Grand Isle, LA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Grand Isle, LA. Investor activity is high, as 29.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
21
% Conventional Loans
100.0%
% Government Loans
0.0%
% Investor Loans
29.0%
% Second Loans
43.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Grand Isle, LA

Grand Isle, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,370
2 BedroomN/AN/A$1,640
3 BedroomN/AN/A$2,100
4 BedroomN/AN/A$2,460

Affordability — Grand Isle, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.9
Median Home Price$262,000
Median Household IncomeN/A

Grand Isle, LA — ZIP Code Boundary Map

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Frequently Asked Questions