Opelousas, LA 70570 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Opelousas, LA—70570

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$129,000

8.1% YoY Growth

Household Income

$45,300

50.8% YoY Growth

Days on Market

3.0% Longer YoY

Home Price Forecast

-6.5%

Median Rent

$800

14.4% YoY Growth

1-Bed Rent

$550

N/A

2-Bed Rent

$650

0.8% YoY Growth

3-Bed Rent

$1,300

9.6% YoY Growth

Home Price Trends — Opelousas, LA

As of May '26, the median home price in Opelousas, LA is $129,000, with a year-over-year change of -8.1%. This indicates that home prices in Opelousas, LA are decreasing. According to Zillow, the 1-year price projection is -6.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$129,000	-8.1%
Single Family	$129,000	-7.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Opelousas, LA

As of July '25, Rentcast reports the average rent in Opelousas, LA is $1,010, with a year-over-year rent change of -14.4%. Per bedroom, the median rent as of July '25 in Opelousas, LA is studios: $675, 1-bedrooms: $625, 2-bedrooms: $655, 3-bedrooms: $1,260, 4-bedrooms: $1,420. The most common rental property sizes in Opelousas, LA are 2-bedroom and 3-bedroom, accounting for 45.6% and 31.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$800	$1,010
Studio Rent	$675	$675
1 Bed Rent	$550	$625
2 Bed Rent	$650	$655
3 Bed Rent	$1,300	$1,260
4 Bed Rent	$1,190	$1,420

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% of Rental Stock

Studio

5.7%

1 Bedroom

9.8%

2 Bedrooms

45.6%

3 Bedrooms

31.0%

4 Bedrooms

7.6%

5+ Bedrooms

0.3%

Property Listings — Opelousas, LA

As of May '26, Realtor.com reports that the median days on market for a home in Opelousas, LA is 65. This is a increase of 3.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$182,000	-3.0%
Listing Count	143	5.0%
Listings as % of Homes	0.5%	5.0%
Days on Market	65	3.0%

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Demographics — Opelousas, LA

As of the latest ACS Survey released in 2023, Opelousas, LA has a population of 37,200, which has decreased by -7.0% over the past 5 years. Opelousas, LA is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	37,200	-7.0%
% Under 18	26.3%	-2.2%
% Seniors	18.4%	14.3%
% WFH	7.4%	64.4%
% w/ College Degree	14.8%	-10.3%

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As of the latest ACS Survey released in 2023, Opelousas, LA is a predominantly black area, with 56.1% of the population identifying as black. The black population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Opelousas, LA is white, making up 37.0% of the population. Foreign-born residents account for 1.4% of the population in Opelousas, LA, and this percentage has increased by 100.0% 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	37.0%	-3.6%
% Black	56.1%	-3.4%
% Hispanic	3.6%	89.5%
% Asian	0.1%	∞%
% Foreign Born	1.4%	100.0%

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Mortgage and Risk — Opelousas, LA

According to HUD data as of 2023, there were 348 mortgage originations in Opelousas, LA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Opelousas, LA. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	348
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	10.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Opelousas, LA

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

Section 8 Market Size

Total Units under HUD	1,441
Total Units Section 8	667
% Rentals under Section 8	N/A
% Occupied Section 8	72.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$160	$550	$710
2 Bedroom	$280	$650	$930
3 Bedroom	-$110	$1,300	$1,190
4 Bedroom	$190	$1,190	$1,380

Opelousas, LA—70570

Key Metrics at a Glance

Home Price Trends — Opelousas, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Opelousas, LA

% of Rental Stock

Property Listings — Opelousas, LA

Demographics — Opelousas, LA

Race and Ethnicity

Mortgage and Risk — Opelousas, LA

Mortgages

Rentals and Section 8 — Opelousas, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Opelousas, LA

Home Price to Income Ratio

Opelousas, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Grand Coteau

Sunset, LA

Leonville

Church Point, LA

Washington, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$129,000
Median Household Income	$45,300

Opelousas, LA—70570

Key Metrics at a Glance

Home Price Trends — Opelousas, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Opelousas, LA

% of Rental Stock

Property Listings — Opelousas, LA

Demographics — Opelousas, LA

Race and Ethnicity

Mortgage and Risk — Opelousas, LA

Mortgages

Rentals and Section 8 — Opelousas, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Opelousas, LA

Home Price to Income Ratio

Opelousas, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Grand Coteau

Sunset, LA

Leonville

Church Point, LA

Washington, LA

Frequently Asked Questions

What is the average home price in Opelousas, LA 70570?

How have home prices in Opelousas, LA 70570 changed over the past year?

What is the home price projection for Opelousas, LA 70570?

What are the demographics of Opelousas, LA 70570?

How long does it take homes to sell in Opelousas, LA 70570?

What is the average rent price in Opelousas, LA 70570?