Varnado, LA70426

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$142,000
2.6% YoY Growth
Median Household Income
$24,900
37.1% 5-Year Growth
Days on Market
77
46.0% Shorter than last year
Home Price Forecast
-4.6%
Median Rent
$600
29.2% YoY Growth
1-Bed Rent
$600
0.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Varnado, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Varnado, LA is 77. This is a decrease of -46.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$200,000-17.0%
Listing Count
103.0%
Listings as % of Homes0.3%3.0%
Days on Market
77-46.0%
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Demographics — Varnado, LA

As of the latest ACS Survey released in 2023, Varnado, LA has a population of 5,880, which has remained stable by 0.2% over the past 5 years. Varnado, LA is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 7.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,8800.2%
% Under 18
18.2%7.1%
% Seniors
17.7%8.6%
% WFH
2.6%8.3%
% w/ College Degree
7.2%-45.0%
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As of the latest ACS Survey released in 2023, Varnado, LA is a predominantly white area, with 51.9% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Varnado, LA is black, making up 43.4% of the population. Foreign-born residents account for 0.6% of the population in Varnado, LA, and this percentage has decreased by 81.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
51.9%-9.1%
% Black
43.4%13.6%
% Hispanic
1.7%142.9%
% Asian
0.1%-83.3%
% Foreign Born
0.6%-81.8%
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Mortgage and Risk — Varnado, LA

According to HUD data as of 2023, there were 64 mortgage originations in Varnado, LA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Varnado, LA. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
64
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
6.0%
% Second Loans
3.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Varnado, LA

Varnado, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$240$600$840
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,430

Affordability — Varnado, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.3
Median Home Price$142,000
Median Household Income$24,900

Varnado, LA — ZIP Code Boundary Map

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Frequently Asked Questions