Madisonville, LA70447

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$374,000
2.8% YoY Growth
Median Household Income
$124,000
15.2% 5-Year Growth
Days on Market
75
16.0% Longer than last year
Home Price Forecast
-2.6%
Median Rent
$2,400
3.7% YoY Growth
1-Bed Rent
$1,800
N/A
2-Bed Rent
$1,700
18.7% YoY Growth
3-Bed Rent
$2,400
3.2% YoY Growth

Property Listings — Madisonville, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Madisonville, LA is 75. This is a increase of 16.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$455,0002.0%
Listing Count
1809.0%
Listings as % of Homes1.6%9.0%
Days on Market
7516.0%
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Demographics — Madisonville, LA

As of the latest ACS Survey released in 2023, Madisonville, LA has a population of 17,500, which has increased by 17.9% over the past 5 years. Madisonville, LA is a popular place for families, as children make up 30.3% of the population. The area has a highly educated workforce, with 54.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
17,50017.9%
% Under 18
30.3%-10.1%
% Seniors
11.1%19.4%
% WFH
18.5%184.6%
% w/ College Degree
54.9%11.4%
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As of the latest ACS Survey released in 2023, Madisonville, LA is a predominantly white area, with 84.4% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Madisonville, LA is hispanic, making up 6.3% of the population. Foreign-born residents account for 5.3% of the population in Madisonville, LA, and this percentage has increased by 657.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
84.4%-7.4%
% Black
1.7%-41.4%
% Hispanic
6.3%75.0%
% Asian
0.4%-55.6%
% Foreign Born
5.3%657.1%
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Mortgage and Risk — Madisonville, LA

According to HUD data as of 2023, there were 379 mortgage originations in Madisonville, LA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Madisonville, LA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
379
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Madisonville, LA

As of 2024, the percent of homes in Madisonville, LA under the Section 8 program is 1.3%. 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. In Madisonville, LA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
1.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$60$1,800$1,860
2 Bedroom$520$1,700$2,220
3 Bedroom$440$2,400$2,840
4 Bedroom$580$2,750$3,330

Affordability — Madisonville, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$374,000
Median Household Income$124,000

Madisonville, LA — ZIP Code Boundary Map

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Frequently Asked Questions