Mandeville, LA—70471
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Mandeville, LA
Home Price Trends — Mandeville, LA
As of Oct '25, the median home price in Mandeville, LA is $389,000, with a year-over-year change of 3.3%. This indicates that home prices in Mandeville, LA are increasing. According to Zillow, the 1-year price projection is -3.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $389,000 | 3.3% |
| Single Family | $418,000 | 3.2% |
| Condos | $202,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $174,000 | 1.8% |
3 Bed | $289,000 | 2.5% |
4 Bed | $480,000 | 1.9% |
| 5 Bed | $667,000 | 1.1% |
% of Housing Stock
Rental Trends — Mandeville, LA
As of July '25, Rentcast reports the average rent in Mandeville, LA is $1,940, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Mandeville, LA is 1-bedrooms: $1,200, 2-bedrooms: $1,500, 3-bedrooms: $2,030, 4-bedrooms: $2,550. The most common rental property sizes in Mandeville, LA are 2-bedroom and 3-bedroom, accounting for 34.3% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,890 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,140 | $1,200 |
| 2 Bed Rent | $1,420 | $1,500 |
| 3 Bed Rent | $1,950 | $2,030 |
| 4 Bed Rent | $2,400 | $2,550 |
% of Rental Stock
Property Listings — Mandeville, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mandeville, LA is 57. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | 28.0% |
Listing Count | 132 | -5.0% |
| Listings as % of Homes | 0.7% | -5.0% |
Days on Market | 57 | 1.0% |
Demographics — Mandeville, LA
As of the latest ACS Survey released in 2023, Mandeville, LA has a population of 23,700, which has increased by 11.9% over the past 5 years. Mandeville, LA is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 52.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 11.9% |
% Under 18 | 23.9% | -4.8% |
% Seniors | 19.3% | 12.9% |
% WFH | 17.5% | 143.1% |
% w/ College Degree | 52.3% | 3.4% |
As of the latest ACS Survey released in 2023, Mandeville, LA is a predominantly white area, with 83.6% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Mandeville, LA is hispanic, making up 7.6% of the population. Foreign-born residents account for 4.5% of the population in Mandeville, LA, and this percentage has decreased by 2.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.6% | -6.1% |
% Black | 1.0% | -63.0% |
% Hispanic | 7.6% | 43.4% |
% Asian | 2.9% | 70.6% |
% Foreign Born | 4.5% | -2.2% |
Mortgage and Risk — Mandeville, LA
According to HUD data as of 2023, there were 480 mortgage originations in Mandeville, LA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Mandeville, LA. Investor activity is low, as 6.0% 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 | 480 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Mandeville, LA
As of 2024, the percent of homes in Mandeville, LA under the Section 8 program is 7.0%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Mandeville, LA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 303 |
Total Units Section 8 | 171 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,140 | $1,280 |
| 2 Bedroom | $110 | $1,420 | $1,530 |
| 3 Bedroom | $10 | $1,950 | $1,960 |
| 4 Bedroom | -$100 | $2,400 | $2,300 |
Affordability — Mandeville, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $389,000 |
| Median Household Income | $96,500 |