Eunice, LA—70535
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eunice, LA
As of Oct '25, the median home price in Eunice, LA is $117,000, with a year-over-year change of -6.0%. This indicates that home prices in Eunice, LA are decreasing. According to Zillow, the 1-year price projection is -4.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $117,000 | -6.0% |
| Single Family | $117,000 | -4.9% |
| 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 | $144,000 | -0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eunice, LA
Eunice, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $712 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $650 |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | $800 | $800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eunice, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Eunice, LA is 89. This is a decrease of -27.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $154,000 | 11.0% |
Listing Count | 60 | 35.0% |
| Listings as % of Homes | 0.7% | 35.0% |
Days on Market | 89 | -27.0% |
Demographics — Eunice, LA
As of the latest ACS Survey released in 2023, Eunice, LA has a population of 17,800, which has decreased by -3.4% over the past 5 years. Eunice, LA is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | -3.4% |
% Under 18 | 27.7% | -4.8% |
% Seniors | 15.0% | 11.1% |
% WFH | 2.4% | 60.0% |
% w/ College Degree | 14.6% | 15.9% |
As of the latest ACS Survey released in 2023, Eunice, LA is a predominantly white area, with 67.0% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Eunice, LA is black, making up 24.8% of the population. Foreign-born residents account for 0.7% of the population in Eunice, LA, and this percentage has decreased by 65.0% 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 | 67.0% | -6.6% |
% Black | 24.8% | 11.2% |
% Hispanic | 3.9% | 11.4% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.7% | -65.0% |
Mortgage and Risk — Eunice, LA
According to HUD data as of 2023, there were 150 mortgage originations in Eunice, LA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Eunice, 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 | 150 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Eunice, LA
Eunice, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 310 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $600 | $690 |
| 2 Bedroom | $150 | $750 | $900 |
| 3 Bedroom | $340 | $800 | $1,140 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Eunice, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $117,000 |
| Median Household Income | $44,800 |