Kaplan, LA—70548
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kaplan, LA
As of Oct '25, the median home price in Kaplan, LA is $125,000, with a year-over-year change of -0.4%. This indicates that home prices in Kaplan, LA are flat. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | -0.4% |
| Single Family | $125,000 | 0.0% |
| 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 — Kaplan, LA
As of July '25, Rentcast reports the average rent in Kaplan, LA is $575, with a year-over-year rent change of -28.1%. Per bedroom, the median rent as of July '25 in Kaplan, LA is 1-bedrooms: $575. The most common rental property sizes in Kaplan, LA are 2-bedroom and 3-bedroom, accounting for 37.1% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $575 | $575 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $575 | $575 |
| 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 — Kaplan, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Kaplan, LA is 67. 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $184,000 | 5.0% |
Listing Count | 33 | 34.0% |
| Listings as % of Homes | 0.3% | 34.0% |
Days on Market | 67 | -27.0% |
Demographics — Kaplan, LA
As of the latest ACS Survey released in 2023, Kaplan, LA has a population of 9,080, which has decreased by -14.9% over the past 5 years. Kaplan, LA is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,080 | -14.9% |
% Under 18 | 25.4% | 3.7% |
% Seniors | 16.2% | 8.0% |
% WFH | 5.0% | 127.3% |
% w/ College Degree | 8.1% | -47.7% |
As of the latest ACS Survey released in 2023, Kaplan, LA is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Kaplan, LA is black, making up 7.0% of the population. Foreign-born residents account for 1.5% of the population in Kaplan, LA, and this percentage has increased by 87.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.0% | -3.5% |
% Black | 7.0% | 16.7% |
% Hispanic | 0.4% | -89.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.5% | 87.5% |
Mortgage and Risk — Kaplan, LA
According to HUD data as of 2023, there were 162 mortgage originations in Kaplan, LA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Kaplan, LA. Investor activity is low, as 15.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 162 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 15.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Kaplan, LA
Kaplan, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 123 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $245 | $575 | $820 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Kaplan, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $125,000 |
| Median Household Income | $48,500 |