Saint Martinville, LA—70582
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Martinville, LA
As of Oct '25, the median home price in Saint Martinville, LA is $146,000, with a year-over-year change of -0.2%. This indicates that home prices in Saint Martinville, LA are flat. According to Zillow, the 1-year price projection is -3.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | -0.2% |
| Single Family | $146,000 | 1.4% |
| 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 — Saint Martinville, LA
As of July '25, Rentcast reports the average rent in Saint Martinville, LA is $875, with a year-over-year rent change of -36.6%. Per bedroom, the median rent as of July '25 in Saint Martinville, LA is 2-bedrooms: $875. The most common rental property sizes in Saint Martinville, LA are 3-bedroom and 2-bedroom, accounting for 37.5% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $875 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $875 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Saint Martinville, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Martinville, LA is 103. This is a increase of 96.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $185,000 | -2.0% |
Listing Count | 55 | 34.0% |
| Listings as % of Homes | 0.4% | 34.0% |
Days on Market | 103 | 96.0% |
Demographics — Saint Martinville, LA
As of the latest ACS Survey released in 2023, Saint Martinville, LA has a population of 19,200, which has decreased by -2.0% over the past 5 years. Saint Martinville, LA is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 13.2% 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 | 19,200 | -2.0% |
% Under 18 | 19.8% | -19.2% |
% Seniors | 17.8% | 17.9% |
% WFH | 5.0% | 212.5% |
% w/ College Degree | 13.2% | 0.8% |
As of the latest ACS Survey released in 2023, Saint Martinville, LA is a predominantly white area, with 62.9% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Saint Martinville, LA is black, making up 30.2% of the population. Foreign-born residents account for 0.7% of the population in Saint Martinville, LA, and this percentage has decreased by 56.2% 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 | 62.9% | 2.3% |
% Black | 30.2% | -10.4% |
% Hispanic | 1.8% | -25.0% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 0.7% | -56.2% |
Mortgage and Risk — Saint Martinville, LA
According to HUD data as of 2023, there were 148 mortgage originations in Saint Martinville, LA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Saint Martinville, LA. Investor activity is low, as 13.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 148 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 13.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Saint Martinville, LA
Saint Martinville, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 401 |
Total Units Section 8 | 228 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 80.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | $190 | $750 | $940 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Saint Martinville, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $146,000 |
| Median Household Income | $46,700 |