Convent, LA—70723
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Convent, LA
As of Oct '25, the median home price in Convent, LA is $110,000, with a year-over-year change of -10.2%. This indicates that home prices in Convent, LA are decreasing. According to Zillow, the 1-year price projection is -4.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $110,000 | -10.2% |
| Single Family | $110,000 | -9.8% |
| 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 | $132,000 | -7.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Convent, LA
Convent, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Convent, LA
Convent, LA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Convent, LA
As of the latest ACS Survey released in 2023, Convent, LA has a population of 1,120, which has decreased by -14.4% over the past 5 years. Convent, LA is a popular place for families, as children make up 28.0% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,120 | -14.4% |
% Under 18 | 28.0% | 12.4% |
% Seniors | 16.1% | 27.8% |
% WFH | 1.2% | ∞% |
% w/ College Degree | 16.1% | 33.1% |
As of the latest ACS Survey released in 2023, Convent, LA is a predominantly black area, with 67.6% of the population identifying as black. The black population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in Convent, LA is white, making up 31.8% of the population. Foreign-born residents account for 0.4% of the population in Convent, LA, and this percentage has decreased by 50.0% 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 | 31.8% | -13.4% |
% Black | 67.6% | 7.5% |
% Hispanic | 0.2% | 100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -50.0% |
Mortgage and Risk — Convent, LA
According to HUD data as of 2023, there were 18 mortgage originations in Convent, LA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Convent, LA. Investor activity is low, as 6.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Convent, LA
Convent, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 64 |
Total Units Section 8 | 64 |
% Rentals under Section 8 | 130.6% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,370 |
| 3 Bedroom | N/A | N/A | $1,920 |
| 4 Bedroom | N/A | N/A | $2,060 |
Affordability — Convent, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $110,000 |
| Median Household Income | $63,700 |