Walker, LA—70785
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walker, LA
As of Oct '25, the median home price in Walker, LA is $247,000, with a year-over-year change of 0.1%. This indicates that home prices in Walker, LA are flat. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 0.1% |
| Single Family | $247,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 2.5% |
3 Bed | $233,000 | 1.7% |
4 Bed | $309,000 | 1.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Walker, LA
As of July '25, Rentcast reports the average rent in Walker, LA is $1,560, with a year-over-year rent change of -5.5%. Per bedroom, the median rent as of July '25 in Walker, LA is 1-bedrooms: $1,120, 2-bedrooms: $1,210, 3-bedrooms: $1,580, 4-bedrooms: $2,100. The most common rental property sizes in Walker, LA are 3-bedroom and 2-bedroom, accounting for 54.2% and 17.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,120 | $1,120 |
| 2 Bed Rent | $1,250 | $1,210 |
| 3 Bed Rent | $1,550 | $1,580 |
| 4 Bed Rent | $1,950 | $2,100 |
% of Rental Stock
Property Listings — Walker, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Walker, LA is 79. This is a increase of 8.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | 0.0% |
Listing Count | 95 | 2.0% |
| Listings as % of Homes | 0.6% | 2.0% |
Days on Market | 79 | 8.0% |
Demographics — Walker, LA
As of the latest ACS Survey released in 2023, Walker, LA has a population of 22,900, which has increased by 6.8% over the past 5 years. Walker, LA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,900 | 6.8% |
% Under 18 | 26.0% | -5.8% |
% Seniors | 13.0% | 5.7% |
% WFH | 6.8% | 78.9% |
% w/ College Degree | 18.6% | 9.4% |
As of the latest ACS Survey released in 2023, Walker, LA is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Walker, LA is black, making up 5.5% of the population. Foreign-born residents account for 1.7% of the population in Walker, LA, and this percentage has decreased by 22.7% 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 | 88.4% | -1.8% |
% Black | 5.5% | 10.0% |
% Hispanic | 1.7% | -34.6% |
% Asian | 1.8% | 100.0% |
% Foreign Born | 1.7% | -22.7% |
Mortgage and Risk — Walker, LA
According to HUD data as of 2023, there were 427 mortgage originations in Walker, LA, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Walker, LA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 427 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Walker, LA
As of 2024, the percent of homes in Walker, LA under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Walker, LA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,120 | $1,090 |
| 2 Bedroom | -$20 | $1,250 | $1,230 |
| 3 Bedroom | -$10 | $1,550 | $1,540 |
| 4 Bedroom | $90 | $1,950 | $2,040 |
Affordability — Walker, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $247,000 |
| Median Household Income | $84,600 |