Iowa, LA—70647
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Iowa, LA
As of Oct '25, the median home price in Iowa, LA is $242,000, with a year-over-year change of 4.0%. This indicates that home prices in Iowa, LA are increasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $242,000 | 4.0% |
| Single Family | $242,000 | 5.2% |
| 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 | $248,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Iowa, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Iowa, LA is 81. This is a decrease of -29.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $248,000 | -6.0% |
Listing Count | 70 | 18.0% |
| Listings as % of Homes | 1.3% | 18.0% |
Days on Market | 81 | -29.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Iowa, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $242,000 |
| Median Household Income | $83,000 |