New Roads, LA—70760
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Roads, LA
As of Oct '25, the median home price in New Roads, LA is $147,000, with a year-over-year change of 0.3%. This indicates that home prices in New Roads, LA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | 0.3% |
| Single Family | $146,000 | 2.1% |
| 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 | $239,000 | -0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Roads, LA
As of July '25, Rentcast reports the average rent in New Roads, LA is $789, with a year-over-year rent change of -0.3%. Per bedroom, the median rent as of July '25 in New Roads, LA is 1-bedrooms: $575, 2-bedrooms: $780, 3-bedrooms: $925. The most common rental property sizes in New Roads, LA are 3-bedroom and 2-bedroom, accounting for 37.3% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $695 | $789 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $575 | $575 |
| 2 Bed Rent | $695 | $780 |
| 3 Bed Rent | $850 | $925 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Roads, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Roads, LA is 141. This is a increase of 74.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $238,000 | -36.0% |
Listing Count | 24 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 141 | 74.0% |
Demographics — New Roads, LA
As of the latest ACS Survey released in 2023, New Roads, LA has a population of 6,120, which has decreased by -5.7% over the past 5 years. New Roads, LA is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,120 | -5.7% |
% Under 18 | 19.3% | -15.4% |
% Seniors | 21.6% | 2.4% |
% WFH | 2.7% | 0.0% |
% w/ College Degree | 12.1% | -33.9% |
As of the latest ACS Survey released in 2023, New Roads, LA is a predominantly black area, with 63.2% of the population identifying as black. The black population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in New Roads, LA is white, making up 31.2% of the population. Foreign-born residents account for 1.2% of the population in New Roads, LA, and this percentage has increased by 71.4% 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 | 31.2% | -3.1% |
% Black | 63.2% | -4.8% |
% Hispanic | 0.1% | -85.7% |
% Asian | 0.8% | 60.0% |
% Foreign Born | 1.2% | 71.4% |
Mortgage and Risk — New Roads, LA
According to HUD data as of 2023, there were 85 mortgage originations in New Roads, LA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in New Roads, LA. Investor activity is low, as 14.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 85 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — New Roads, LA
New Roads, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 127 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $445 | $575 | $1,020 |
| 2 Bedroom | $455 | $695 | $1,150 |
| 3 Bedroom | $590 | $850 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — New Roads, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $147,000 |
| Median Household Income | $48,000 |