Washington, LA 70589 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Washington, LA—70589

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$157,000

6.6% YoY Growth

Household Income

$44,100

26.4% YoY Growth

Days on Market

159

17.0% Shorter YoY

Home Price Forecast

-6.1%

Median Rent

$1,500

62.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$850

55.3% YoY Growth

Home Price Trends — Washington, LA

As of May '26, the median home price in Washington, LA is $157,000, with a year-over-year change of -6.6%. This indicates that home prices in Washington, LA are decreasing. According to Zillow, the 1-year price projection is -6.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$157,000	-6.6%
Single Family	$156,000	-4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

Loading chart...

% of Rental Stock

1 Bedroom

6.6%

2 Bedrooms

55.7%

3 Bedrooms

34.1%

4 Bedrooms

2.3%

5+ Bedrooms

1.3%

Property Listings — Washington, LA

As of May '26, Realtor.com reports that the median days on market for a home in Washington, LA is 159. This is a decrease of -17.0% 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	$340,000	5.0%
Listing Count	9	6.0%
Listings as % of Homes	0.3%	6.0%
Days on Market	159	-17.0%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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

Washington, LA—70589

Key Metrics at a Glance

Home Price Trends — Washington, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Washington, LA

% of Rental Stock

Property Listings — Washington, LA

Demographics — Washington, LA

Race and Ethnicity

Mortgage and Risk — Washington, LA

Mortgages

Rentals and Section 8 — Washington, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Washington, LA

Home Price to Income Ratio

Washington, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Big Cane, LA

Opelousas, LA

Danks, LA

Port Barre, LA

Bunkie, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$157,000
Median Household Income	$44,100

Washington, LA—70589

Key Metrics at a Glance

Home Price Trends — Washington, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Washington, LA

% of Rental Stock

Property Listings — Washington, LA

Demographics — Washington, LA

Race and Ethnicity

Mortgage and Risk — Washington, LA

Mortgages

Rentals and Section 8 — Washington, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Washington, LA

Home Price to Income Ratio

Washington, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Big Cane, LA

Opelousas, LA

Danks, LA

Port Barre, LA

Bunkie, LA

Frequently Asked Questions

What is the average home price in Washington, LA 70589?

How have home prices in Washington, LA 70589 changed over the past year?

What is the home price projection for Washington, LA 70589?

What are the demographics of Washington, LA 70589?

How long does it take homes to sell in Washington, LA 70589?

What is the average rent price in Washington, LA 70589?