Morse, LA—70559
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morse, LA
Morse, LA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Morse, LA
Morse, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Morse, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Morse, LA is 68. This is a decrease of -78.0% 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 | $505,000 | 28.0% |
Listing Count | 2 | 167.0% |
| Listings as % of Homes | N/A | 167.0% |
Days on Market | 68 | -78.0% |
Demographics — Morse, LA
As of the latest ACS Survey released in 2023, Morse, LA has a population of 2,850, which has decreased by -4.3% over the past 5 years. Morse, LA is a popular place for families, as children make up 30.4% of the population. The area has a poorly educated workforce, with 4.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,850 | -4.3% |
% Under 18 | 30.4% | 3.4% |
% Seniors | 17.6% | 31.3% |
% WFH | 4.7% | 291.7% |
% w/ College Degree | 4.6% | -40.3% |
As of the latest ACS Survey released in 2023, Morse, LA is a predominantly white area, with 99.2% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Morse, LA is black, making up 0.2% of the population. Foreign-born residents account for 0.0% of the population in Morse, 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 | 99.2% | 3.1% |
% Black | 0.2% | -88.9% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Morse, LA
According to HUD data as of 2023, there were 26 mortgage originations in Morse, LA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Morse, LA. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Morse, LA
Morse, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 2 |
% 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 | $760 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Morse, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $64,000 |