Ville Platte, LA 70586 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ville Platte, LA—70586

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$106,000

14.2% YoY Growth

Household Income

$43,400

31.4% YoY Growth

Days on Market

90

8.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$900

37.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$900

37.1% YoY Growth

Home Price Trends — Ville Platte, LA

Ville Platte, LA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$106,000	-14.2%
Single Family	$106,000	-13.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Ville Platte, LA

As of July '25, Rentcast reports the average rent in Ville Platte, LA is $1,200, with a year-over-year rent change of 37.1%. Per bedroom, the median rent as of July '25 in Ville Platte, LA is 3-bedrooms: $1,200. The most common rental property sizes in Ville Platte, LA are 3-bedroom and 2-bedroom, accounting for 40.6% and 37.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$1,200
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$900	$1,200
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.7%

1 Bedroom

12.6%

2 Bedrooms

37.9%

3 Bedrooms

40.6%

4 Bedrooms

5.4%

5+ Bedrooms

0.8%

Property Listings — Ville Platte, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Ville Platte, LA is 78. This is a decrease of -21.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$130,000	-15.0%
Listing Count	48	64.0%
Listings as % of Homes	0.3%	64.0%
Days on Market	90	-8.0%

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Demographics — Ville Platte, LA

As of the latest ACS Survey released in 2023, Ville Platte, LA has a population of 18,900, which has decreased by -6.6% over the past 5 years. Ville Platte, LA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,900	-6.6%
% Under 18	26.0%	1.6%
% Seniors	15.3%	-2.5%
% WFH	3.3%	200.0%
% w/ College Degree	13.6%	-7.5%

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As of the latest ACS Survey released in 2023, Ville Platte, LA is a predominantly white area, with 60.9% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Ville Platte, LA is black, making up 31.7% of the population. Foreign-born residents account for 0.6% of the population in Ville Platte, LA, and this percentage has decreased by 62.5% 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	60.9%	-7.3%
% Black	31.7%	3.3%
% Hispanic	3.8%	40.7%
% Asian	0.3%	0.0%
% Foreign Born	0.6%	-62.5%

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Mortgage and Risk — Ville Platte, LA

According to HUD data as of 2023, there were 198 mortgage originations in Ville Platte, LA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Ville Platte, LA. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	198
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	6.0%
% Second Loans	1.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Ville Platte, LA

Ville Platte, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	754
Total Units Section 8	436
% Rentals under Section 8	N/A
% Occupied Section 8	93.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$960
3 Bedroom	$370	$900	$1,270
4 Bedroom	N/A	N/A	$1,270

Ville Platte, LA—70586

Key Metrics at a Glance

Home Price Trends — Ville Platte, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ville Platte, LA

% of Rental Stock

Property Listings — Ville Platte, LA

Demographics — Ville Platte, LA

Race and Ethnicity

Mortgage and Risk — Ville Platte, LA

Mortgages

Rentals and Section 8 — Ville Platte, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Ville Platte, LA

Home Price to Income Ratio

Ville Platte, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Centerville, LA

Bunkie, LA

Bunkie, LA

Eunice, LA

Washington, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$106,000
Median Household Income	$43,400

Ville Platte, LA—70586

Key Metrics at a Glance

Home Price Trends — Ville Platte, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ville Platte, LA

% of Rental Stock

Property Listings — Ville Platte, LA

Demographics — Ville Platte, LA

Race and Ethnicity

Mortgage and Risk — Ville Platte, LA

Mortgages

Rentals and Section 8 — Ville Platte, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Ville Platte, LA

Home Price to Income Ratio

Ville Platte, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Centerville, LA

Bunkie, LA

Bunkie, LA

Eunice, LA

Washington, LA

Frequently Asked Questions

What is the average home price in Ville Platte, LA 70586?

How have home prices in Ville Platte, LA 70586 changed over the past year?

What is the home price projection for Ville Platte, LA 70586?

What are the demographics of Ville Platte, LA 70586?

How long does it take homes to sell in Ville Platte, LA 70586?

What is the average rent price in Ville Platte, LA 70586?