Iowa, LA 70647 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Iowa, LA—70647

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$244,000

3.7% YoY Growth

Household Income

$83,000

51.3% YoY Growth

Days on Market

39.0% Longer YoY

Home Price Forecast

-3.2%

Median Rent

$1,600

7.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,350

11.6% YoY Growth

Home Price Trends — Iowa, LA

As of May '26, the median home price in Iowa, LA is $244,000, with a year-over-year change of 3.7%. This indicates that home prices in Iowa, LA are increasing. According to Zillow, the 1-year price projection is -3.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$244,000	3.7%
Single Family	$244,000	3.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Iowa, LA

As of July '25, Rentcast reports the average rent in Iowa, LA is $1,630, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Iowa, LA is 3-bedrooms: $1,540, 4-bedrooms: $2,000. The most common rental property sizes in Iowa, LA are 3-bedroom and 2-bedroom, accounting for 64.2% and 30.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,630
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,350	$1,540
4 Bed Rent	$2,000	$2,000

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% of Rental Stock

1 Bedroom

5.4%

2 Bedrooms

30.4%

3 Bedrooms

64.2%

Property Listings — Iowa, LA

As of May '26, Realtor.com reports that the median days on market for a home in Iowa, LA is 80. This is a increase of 39.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$266,000	8.0%
Listing Count	58	-20.0%
Listings as % of Homes	1.3%	-20.0%
Days on Market	80	39.0%

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Demographics — Iowa, LA

As of the latest ACS Survey released in 2023, Iowa, LA has a population of 12,100, which has increased by 28.9% over the past 5 years. Iowa, LA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,100	28.9%
% Under 18	22.7%	-22.8%
% Seniors	13.3%	8.1%
% WFH	1.9%	-32.1%
% w/ College Degree	22.4%	29.5%

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As of the latest ACS Survey released in 2023, Iowa, LA is a predominantly white area, with 66.8% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Iowa, LA is black, making up 21.8% of the population. Foreign-born residents account for 0.6% of the population in Iowa, LA, and this percentage has increased by 200.0% 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	66.8%	-10.5%
% Black	21.8%	-1.4%
% Hispanic	2.9%	625.0%
% Asian	0.0%	-100.0%
% Foreign Born	0.6%	200.0%

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Mortgage and Risk — Iowa, LA

According to HUD data as of 2023, there were 257 mortgage originations in Iowa, LA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Iowa, LA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	257
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Iowa, LA

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

Section 8 Market Size

Total Units under HUD	176
Total Units Section 8	163
% Rentals under Section 8	12.5%
% Occupied Section 8	50.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$900
2 Bedroom	N/A	N/A	$1,170
3 Bedroom	$140	$1,350	$1,490
4 Bedroom	-$310	$2,000	$1,690

Iowa, LA—70647

Key Metrics at a Glance

Home Price Trends — Iowa, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Iowa, LA

% of Rental Stock

Property Listings — Iowa, LA

Demographics — Iowa, LA

Race and Ethnicity

Mortgage and Risk — Iowa, LA

Mortgages

Rentals and Section 8 — Iowa, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Iowa, LA

Home Price to Income Ratio

Iowa, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lacassine

Lake Charles, LA

Fenton

Hayes

Welsh, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$244,000
Median Household Income	$83,000

Iowa, LA—70647

Key Metrics at a Glance

Home Price Trends — Iowa, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Iowa, LA

% of Rental Stock

Property Listings — Iowa, LA

Demographics — Iowa, LA

Race and Ethnicity

Mortgage and Risk — Iowa, LA

Mortgages

Rentals and Section 8 — Iowa, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Iowa, LA

Home Price to Income Ratio

Iowa, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lacassine

Lake Charles, LA

Fenton

Hayes

Welsh, LA

Frequently Asked Questions

What is the average home price in Iowa, LA 70647?

How have home prices in Iowa, LA 70647 changed over the past year?

What is the home price projection for Iowa, LA 70647?

What are the demographics of Iowa, LA 70647?

How long does it take homes to sell in Iowa, LA 70647?

What is the average rent price in Iowa, LA 70647?