Egan, LA70531

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$479,000
N/A
Median Household Income
$90,700
192.7% 5-Year Growth
Days on Market
41
43.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$850
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$850
N/A
3-Bed Rent
N/A
N/A

Property Listings — Egan, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Egan, LA is 41. This is a increase of 43.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$479,0007.0%
Listing Count
20.0%
Listings as % of HomesN/A0.0%
Days on Market
4143.0%
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Demographics — Egan, LA

As of the latest ACS Survey released in 2023, Egan, LA has a population of 1,370, which has decreased by -8.5% over the past 5 years. Egan, LA is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 7.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,370-8.5%
% Under 18
19.8%-31.0%
% Seniors
19.9%44.2%
% WFH
0.0%N/A
% w/ College Degree
7.1%-12.3%
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Egan, LA lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
100.0%0.0%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Egan, LA

According to HUD data as of 2023, there were 27 mortgage originations in Egan, LA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Egan, LA. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
27
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Egan, LA

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

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 Bedroom$130$850$980
3 BedroomN/AN/A$1,200
4 BedroomN/AN/A$1,340

Affordability — Egan, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$90,700

Egan, LA — ZIP Code Boundary Map

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Frequently Asked Questions