Morgan City, LA 70380 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Morgan City, LA—70380

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$126,000

9.6% YoY Growth

Household Income

$54,500

42.5% YoY Growth

Days on Market

139

49.0% Longer YoY

Home Price Forecast

-2.4%

Median Rent

$1,200

5.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,200

N/A

3-Bed Rent

$1,500

8.6% YoY Growth

Home Price Trends — Morgan City, LA

As of Dec '25, the median home price in Morgan City, LA is $126,000, with a year-over-year change of -9.6%. This indicates that home prices in Morgan City, LA are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$126,000	-9.6%
Single Family	$126,000	-10.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Morgan City, LA

As of July '25, Rentcast reports the average rent in Morgan City, LA is $1,340, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Morgan City, LA is 2-bedrooms: $1,200, 3-bedrooms: $1,390. The most common rental property sizes in Morgan City, LA are 3-bedroom and 2-bedroom, accounting for 36.9% and 33.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,340
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,200	$1,200
3 Bed Rent	$1,500	$1,390
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.7%

1 Bedroom

19.8%

2 Bedrooms

33.9%

3 Bedrooms

36.9%

4 Bedrooms

4.7%

Property Listings — Morgan City, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Morgan City, LA is 120. This is a increase of 33.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$192,000	2.0%
Listing Count	92	51.0%
Listings as % of Homes	0.5%	51.0%
Days on Market	139	49.0%

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Demographics — Morgan City, LA

As of the latest ACS Survey released in 2023, Morgan City, LA has a population of 21,000, which has remained stable by 0.7% over the past 5 years. Morgan City, LA is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	21,000	0.7%
% Under 18	24.7%	1.6%
% Seniors	18.0%	17.6%
% WFH	4.9%	81.5%
% w/ College Degree	12.7%	38.0%

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As of the latest ACS Survey released in 2023, Morgan City, LA is a predominantly white area, with 65.1% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Morgan City, LA is hispanic, making up 15.0% of the population. Foreign-born residents account for 9.4% of the population in Morgan City, LA, and this percentage has increased by 30.6% 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	65.1%	2.4%
% Black	12.4%	-31.5%
% Hispanic	15.0%	12.8%
% Asian	2.6%	100.0%
% Foreign Born	9.4%	30.6%

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Mortgage and Risk — Morgan City, LA

According to HUD data as of 2023, there were 204 mortgage originations in Morgan City, LA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Morgan City, LA. Investor activity is low, as 13.0% 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	204
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	13.0%
% Second Loans	2.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Morgan City, LA

Morgan City, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	442
Total Units Section 8	149
% Rentals under Section 8	6.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	-$180	$1,200	$1,020
3 Bedroom	-$170	$1,500	$1,330
4 Bedroom	N/A	N/A	$1,640

Morgan City, LA—70380

Key Metrics at a Glance

Home Price Trends — Morgan City, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morgan City, LA

% of Rental Stock

Property Listings — Morgan City, LA

Demographics — Morgan City, LA

Race and Ethnicity

Mortgage and Risk — Morgan City, LA

Mortgages

Rentals and Section 8 — Morgan City, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Morgan City, LA

Home Price to Income Ratio

Morgan City, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Amelia

Berwick, LA

Labadieville, LA

Donner, LA

Oak Forest, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$126,000
Median Household Income	$54,500

Morgan City, LA—70380

Key Metrics at a Glance

Home Price Trends — Morgan City, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morgan City, LA

% of Rental Stock

Property Listings — Morgan City, LA

Demographics — Morgan City, LA

Race and Ethnicity

Mortgage and Risk — Morgan City, LA

Mortgages

Rentals and Section 8 — Morgan City, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Morgan City, LA

Home Price to Income Ratio

Morgan City, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Amelia

Berwick, LA

Labadieville, LA

Donner, LA

Oak Forest, LA

Frequently Asked Questions

What is the average home price in Morgan City, LA 70380?

How have home prices in Morgan City, LA 70380 changed over the past year?

What is the home price projection for Morgan City, LA 70380?

What are the demographics of Morgan City, LA 70380?

How long does it take homes to sell in Morgan City, LA 70380?

What is the average rent price in Morgan City, LA 70380?