Abbeville, LA—70510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Abbeville, LA
As of Oct '25, the median home price in Abbeville, LA is $132,000, with a year-over-year change of -2.3%. This indicates that home prices in Abbeville, LA are decreasing. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | -2.3% |
| Single Family | $132,000 | -1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $169,000 | 1.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Abbeville, LA
As of July '25, Rentcast reports the average rent in Abbeville, LA is $1,260, with a year-over-year rent change of 35.5%. Per bedroom, the median rent as of July '25 in Abbeville, LA is 1-bedrooms: $592, 2-bedrooms: $765, 3-bedrooms: $1,270, 4-bedrooms: $4,000. The most common rental property sizes in Abbeville, LA are 2-bedroom and 3-bedroom, accounting for 40.5% and 38.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $585 | $592 |
| 2 Bed Rent | $775 | $765 |
| 3 Bed Rent | $1,000 | $1,270 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Abbeville, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Abbeville, LA is 80. This is a decrease of -36.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | 9.0% |
Listing Count | 115 | 3.0% |
| Listings as % of Homes | 0.7% | 3.0% |
Days on Market | 80 | -36.0% |
Demographics — Abbeville, LA
As of the latest ACS Survey released in 2023, Abbeville, LA has a population of 23,900, which has decreased by -7.7% over the past 5 years. Abbeville, LA is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | -7.7% |
% Under 18 | 24.2% | -9.0% |
% Seniors | 17.7% | 13.5% |
% WFH | 6.1% | 103.3% |
% w/ College Degree | 17.9% | 27.9% |
As of the latest ACS Survey released in 2023, Abbeville, LA is a predominantly white area, with 64.7% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Abbeville, LA is black, making up 23.9% of the population. Foreign-born residents account for 4.7% of the population in Abbeville, 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 | 64.7% | 0.5% |
% Black | 23.9% | -10.8% |
% Hispanic | 4.1% | 10.8% |
% Asian | 3.6% | 0.0% |
% Foreign Born | 4.7% | 30.6% |
Mortgage and Risk — Abbeville, LA
According to HUD data as of 2023, there were 325 mortgage originations in Abbeville, LA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Abbeville, LA. Investor activity is high, as 25.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 325 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 25.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Abbeville, LA
As of 2024, the percent of homes in Abbeville, LA under the Section 8 program is 7.2%. 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 Abbeville, LA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 392 |
Total Units Section 8 | 212 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 82.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $265 | $585 | $850 |
| 2 Bedroom | $165 | $775 | $940 |
| 3 Bedroom | $240 | $1,000 | $1,240 |
| 4 Bedroom | -$2,750 | $4,000 | $1,250 |
Affordability — Abbeville, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $132,000 |
| Median Household Income | $50,900 |