Washington, LA—70589
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington, LA
As of Oct '25, the median home price in Washington, LA is $149,000, with a year-over-year change of -9.3%. This indicates that home prices in Washington, LA are decreasing. According to Zillow, the 1-year price projection is -4.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | -9.3% |
| Single Family | $149,000 | -9.1% |
| 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 — Washington, LA
As of July '25, Rentcast reports the average rent in Washington, LA is $1,380, with a year-over-year rent change of 62.4%. Per bedroom, the median rent as of July '25 in Washington, LA is 3-bedrooms: $1,320, 4-bedrooms: $1,500. The most common rental property sizes in Washington, LA are 2-bedroom and 3-bedroom, accounting for 55.7% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $850 | $1,320 |
| 4 Bed Rent | $1,500 | $1,500 |
% of Rental Stock
Property Listings — Washington, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington, LA is 63. This is a decrease of -5.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | -7.0% |
Listing Count | 19 | 56.0% |
| Listings as % of Homes | 0.3% | 56.0% |
Days on Market | 63 | -5.0% |
Demographics — Washington, LA
As of the latest ACS Survey released in 2023, Washington, LA has a population of 3,140, which has decreased by -7.1% over the past 5 years. Washington, LA is a popular place for families, as children make up 27.1% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,140 | -7.1% |
% Under 18 | 27.1% | 6.3% |
% Seniors | 15.2% | 2.0% |
% WFH | 6.4% | 300.0% |
% w/ College Degree | 13.3% | -7.6% |
As of the latest ACS Survey released in 2023, Washington, LA is a predominantly white area, with 66.0% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Washington, LA is black, making up 28.8% of the population. Foreign-born residents account for 0.2% of the population in Washington, LA, and this percentage has decreased by 85.7% 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 | 66.0% | 1.1% |
% Black | 28.8% | -9.7% |
% Hispanic | 1.4% | 366.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -85.7% |
Mortgage and Risk — Washington, LA
According to HUD data as of 2023, there were 37 mortgage originations in Washington, LA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Washington, LA. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 37 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Washington, LA
Washington, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 50 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | $310 | $850 | $1,160 |
| 4 Bedroom | -$170 | $1,500 | $1,330 |
Affordability — Washington, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $149,000 |
| Median Household Income | $44,100 |