Broussard, LA 70518 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Broussard, LA—70518

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$279,000

1.9% YoY Growth

Household Income

$104,000

49.7% YoY Growth

Days on Market

7.0% Shorter YoY

Home Price Forecast

-1.9%

Median Rent

$1,500

9.3% YoY Growth

1-Bed Rent

$785

17.4% YoY Growth

2-Bed Rent

$995

4.4% YoY Growth

3-Bed Rent

$1,800

13.0% YoY Growth

Home Price Trends — Broussard, LA

As of Dec '25, the median home price in Broussard, LA is $279,000, with a year-over-year change of 1.9%. This indicates that home prices in Broussard, LA are increasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$279,000	1.9%
Single Family	$279,000	2.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Broussard, LA

As of July '25, Rentcast reports the average rent in Broussard, LA is $1,760, with a year-over-year rent change of 9.3%. Per bedroom, the median rent as of July '25 in Broussard, LA is 1-bedrooms: $998, 2-bedrooms: $1,080, 3-bedrooms: $1,820, 4-bedrooms: $3,050. The most common rental property sizes in Broussard, LA are 3-bedroom and 2-bedroom, accounting for 44.1% and 32.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,760
Studio Rent	N/A	N/A
1 Bed Rent	$785	$998
2 Bed Rent	$995	$1,080
3 Bed Rent	$1,800	$1,820
4 Bed Rent	$2,800	$3,050

Loading chart...

% of Rental Stock

1 Bedroom

14.2%

2 Bedrooms

32.8%

3 Bedrooms

44.1%

4 Bedrooms

8.9%

Property Listings — Broussard, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Broussard, LA is 62. This is a decrease of -15.0% 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	$369,000	0.0%
Listing Count	128	-4.0%
Listings as % of Homes	1.4%	-4.0%
Days on Market	73	-7.0%

Loading chart...

Demographics — Broussard, LA

As of the latest ACS Survey released in 2023, Broussard, LA has a population of 16,700, which has increased by 26.3% over the past 5 years. Broussard, LA is a popular place for families, as children make up 28.5% of the population. The area has a moderately educated workforce, with 38.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,700	26.3%
% Under 18	28.5%	33.2%
% Seniors	10.2%	-10.5%
% WFH	6.0%	150.0%
% w/ College Degree	38.0%	23.4%

Loading chart...

As of the latest ACS Survey released in 2023, Broussard, LA is a predominantly white area, with 74.0% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Broussard, LA is black, making up 15.2% of the population. Foreign-born residents account for 3.9% of the population in Broussard, LA, and this percentage has decreased by 22.0% 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	74.0%	-3.4%
% Black	15.2%	-0.7%
% Hispanic	5.2%	205.9%
% Asian	2.8%	-40.4%
% Foreign Born	3.9%	-22.0%

Loading chart...

Mortgage and Risk — Broussard, LA

According to HUD data as of 2023, there were 58 mortgage originations in Broussard, LA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Broussard, LA. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	58
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

Loading chart...

Rentals and Section 8 — Broussard, LA

As of 2024, the percent of homes in Broussard, LA under the Section 8 program is 5.2%. 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 units appear to be good home sizes to consider for Section 8 housing in Broussard, LA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	49
Total Units Section 8	48
% Rentals under Section 8	5.2%
% Occupied Section 8	76.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$145	$785	$930
2 Bedroom	$65	$995	$1,060
3 Bedroom	-$450	$1,800	$1,350
4 Bedroom	-$1,050	$2,800	$1,750

Broussard, LA—70518

Key Metrics at a Glance

Home Price Trends — Broussard, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Broussard, LA

% of Rental Stock

Property Listings — Broussard, LA

Demographics — Broussard, LA

Race and Ethnicity

Mortgage and Risk — Broussard, LA

Mortgages

Rentals and Section 8 — Broussard, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Broussard, LA

Home Price to Income Ratio

Broussard, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Youngsville, LA

Lafayette, LA

Lafayette, LA

Lafayette, LA

Saint Martinville, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$279,000
Median Household Income	$104,000

Broussard, LA—70518

Key Metrics at a Glance

Home Price Trends — Broussard, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Broussard, LA

% of Rental Stock

Property Listings — Broussard, LA

Demographics — Broussard, LA

Race and Ethnicity

Mortgage and Risk — Broussard, LA

Mortgages

Rentals and Section 8 — Broussard, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Broussard, LA

Home Price to Income Ratio

Broussard, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Youngsville, LA

Lafayette, LA

Lafayette, LA

Lafayette, LA

Saint Martinville, LA

Frequently Asked Questions

What is the average home price in Broussard, LA 70518?

How have home prices in Broussard, LA 70518 changed over the past year?

What is the home price projection for Broussard, LA 70518?

What are the demographics of Broussard, LA 70518?

How long does it take homes to sell in Broussard, LA 70518?

What is the average rent price in Broussard, LA 70518?