Elton, LA—70532
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elton, LA
Elton, LA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $117,000 | -2.2% |
| Single Family | $116,000 | -1.7% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elton, LA
As of July '25, Rentcast reports the average rent in Elton, LA is $825, with a year-over-year rent change of 32.0%. Per bedroom, the median rent as of July '25 in Elton, LA is 2-bedrooms: $650, 3-bedrooms: $1,180. The most common rental property sizes in Elton, LA are 2-bedroom and studio, accounting for 37.0% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $825 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $650 | $650 |
| 3 Bed Rent | $1,180 | $1,180 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Elton, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Elton, LA is 93. This is a increase of 58.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $306,000 | 46.0% |
Listing Count | 4 | -20.0% |
| Listings as % of Homes | 0.4% | -20.0% |
Days on Market | 93 | 58.0% |
Demographics — Elton, LA
As of the latest ACS Survey released in 2023, Elton, LA has a population of 2,650, which has increased by 18.9% over the past 5 years. Elton, 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 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,650 | 18.9% |
% Under 18 | 24.2% | -12.0% |
% Seniors | 21.1% | -12.1% |
% WFH | 6.4% | 77.8% |
% w/ College Degree | 12.4% | -23.0% |
As of the latest ACS Survey released in 2023, Elton, LA is a predominantly white area, with 57.8% of the population identifying as white. The white population has grown by 17.5% in the last 5 years. The second most common race or ethnicity in Elton, LA is black, making up 23.4% of the population. Foreign-born residents account for 0.0% of the population in Elton, LA, and this percentage has decreased by 100.0% 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 | 57.8% | 17.5% |
% Black | 23.4% | -17.0% |
% Hispanic | 0.7% | -69.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Elton, LA
Elton, LA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Elton, LA
Elton, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | $250 | $650 | $900 |
| 3 Bedroom | $40 | $1,180 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Elton, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $117,000 |
| Median Household Income | $44,900 |