Iota, LA—70543
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Iota, LA
As of Oct '25, the median home price in Iota, LA is $174,000, with a year-over-year change of -5.9%. This indicates that home prices in Iota, LA are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | -5.9% |
| Single Family | $174,000 | -5.4% |
| 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 — Iota, LA
Iota, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $622 | $622 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $622 | $622 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Iota, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Iota, LA is 24. This is a decrease of -50.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -31.0% |
Listing Count | 5 | -27.0% |
| Listings as % of Homes | 0.1% | -27.0% |
Days on Market | 24 | -50.0% |
Demographics — Iota, LA
As of the latest ACS Survey released in 2023, Iota, LA has a population of 4,230, which has decreased by -6.3% over the past 5 years. Iota, LA is a popular place for families, as children make up 26.9% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,230 | -6.3% |
% Under 18 | 26.9% | -15.9% |
% Seniors | 11.0% | 35.8% |
% WFH | 4.9% | 133.3% |
% w/ College Degree | 16.2% | -0.6% |
As of the latest ACS Survey released in 2023, Iota, LA is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Iota, LA is black, making up 1.7% of the population. Foreign-born residents account for 0.0% of the population in Iota, 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 | 96.1% | 4.0% |
% Black | 1.7% | -37.0% |
% Hispanic | 0.2% | -91.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Iota, LA
According to HUD data as of 2023, there were 17 mortgage originations in Iota, LA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Iota, LA. Investor activity is low, as 12.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Iota, LA
Iota, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $68 | $622 | $690 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Iota, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $174,000 |
| Median Household Income | $72,700 |