Erath, LA 70533 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Erath, LA—70533

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$149,000

0.6% YoY Growth

Household Income

$65,700

30.5% YoY Growth

Days on Market

71.0% Longer YoY

Home Price Forecast

-4.4%

Median Rent

$800

19.0% YoY Growth

1-Bed Rent

$725

N/A

2-Bed Rent

$800

0.0% YoY Growth

3-Bed Rent

$1,080

N/A

Home Price Trends — Erath, LA

As of May '26, the median home price in Erath, LA is $149,000, with a year-over-year change of 0.6%. This indicates that home prices in Erath, LA are flat. According to Zillow, the 1-year price projection is -4.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$149,000	0.6%
Single Family	$149,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Erath, LA

As of July '25, Rentcast reports the average rent in Erath, LA is $867, with a year-over-year rent change of -19.0%. Per bedroom, the median rent as of July '25 in Erath, LA is 1-bedrooms: $725, 2-bedrooms: $800, 3-bedrooms: $1,080. The most common rental property sizes in Erath, LA are 3-bedroom and 2-bedroom, accounting for 47.0% and 39.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$800	$867
Studio Rent	N/A	N/A
1 Bed Rent	$725	$725
2 Bed Rent	$800	$800
3 Bed Rent	$1,080	$1,080
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

10.2%

2 Bedrooms

39.2%

3 Bedrooms

47.0%

4 Bedrooms

3.6%

Property Listings — Erath, LA

As of May '26, Realtor.com reports that the median days on market for a home in Erath, LA is 34. This is a increase of 71.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$150,000	3.0%
Listing Count	15	12.0%
Listings as % of Homes	0.2%	12.0%
Days on Market	34	71.0%

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Demographics — Erath, LA

As of the latest ACS Survey released in 2023, Erath, LA has a population of 6,790, which has decreased by -6.5% over the past 5 years. Erath, LA is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,790	-6.5%
% Under 18	26.1%	5.2%
% Seniors	14.9%	17.3%
% WFH	3.1%	55.0%
% w/ College Degree	19.7%	61.5%

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As of the latest ACS Survey released in 2023, Erath, LA is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Erath, LA is hispanic, making up 4.3% of the population. Foreign-born residents account for 0.6% of the population in Erath, LA, and this percentage has decreased by 82.4% 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	86.0%	-4.3%
% Black	3.8%	65.2%
% Hispanic	4.3%	34.4%
% Asian	0.3%	-85.7%
% Foreign Born	0.6%	-82.4%

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Mortgage and Risk — Erath, LA

According to HUD data as of 2023, there were 34 mortgage originations in Erath, LA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Erath, LA. Investor activity is high, as 29.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	34
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	29.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Erath, LA

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

Section 8 Market Size

Total Units under HUD	62
Total Units Section 8	4
% Rentals under Section 8	0.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$95	$725	$820
2 Bedroom	$110	$800	$910
3 Bedroom	$120	$1,080	$1,200
4 Bedroom	N/A	N/A	$1,360

Erath, LA—70533

Key Metrics at a Glance

Home Price Trends — Erath, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Erath, LA

% of Rental Stock

Property Listings — Erath, LA

Demographics — Erath, LA

Race and Ethnicity

Mortgage and Risk — Erath, LA

Mortgages

Rentals and Section 8 — Erath, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Erath, LA

Home Price to Income Ratio

Erath, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Delcambre, LA

Abbeville, LA

New Iberia, LA

Youngsville, LA

Maurice, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$149,000
Median Household Income	$65,700

Erath, LA—70533

Key Metrics at a Glance

Home Price Trends — Erath, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Erath, LA

% of Rental Stock

Property Listings — Erath, LA

Demographics — Erath, LA

Race and Ethnicity

Mortgage and Risk — Erath, LA

Mortgages

Rentals and Section 8 — Erath, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Erath, LA

Home Price to Income Ratio

Erath, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Delcambre, LA

Abbeville, LA

New Iberia, LA

Youngsville, LA

Maurice, LA

Frequently Asked Questions

What is the average home price in Erath, LA 70533?

How have home prices in Erath, LA 70533 changed over the past year?

What is the home price projection for Erath, LA 70533?

What are the demographics of Erath, LA 70533?

How long does it take homes to sell in Erath, LA 70533?

What is the average rent price in Erath, LA 70533?