Gardere Extension, Baton Rouge, LA—70820
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gardere Extension, Baton Rouge, LA
As of Oct '25, the median home price in Gardere Extension, Baton Rouge, LA is $237,000, with a year-over-year change of -0.4%. This indicates that home prices in Gardere Extension, Baton Rouge, LA are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $237,000 | -0.4% |
| Single Family | $277,000 | 0.4% |
| Condos | $138,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | -3.3% |
2 Bed | $144,000 | -0.7% |
3 Bed | $249,000 | 0.0% |
4 Bed | $355,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gardere Extension, Baton Rouge, LA
As of July '25, Rentcast reports the average rent in Gardere Extension, Baton Rouge, LA is $1,840, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Gardere Extension, Baton Rouge, LA is studios: $775, 1-bedrooms: $891, 2-bedrooms: $1,210, 3-bedrooms: $2,170, 4-bedrooms: $3,040. The most common rental property sizes in Gardere Extension, Baton Rouge, LA are 2-bedroom and 3-bedroom, accounting for 37.6% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,840 |
| Studio Rent | $650 | $775 |
| 1 Bed Rent | $850 | $891 |
| 2 Bed Rent | $1,000 | $1,210 |
| 3 Bed Rent | $2,300 | $2,170 |
| 4 Bed Rent | $3,000 | $3,040 |
% of Rental Stock
Property Listings — Gardere Extension, Baton Rouge, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gardere Extension, Baton Rouge, LA is 77. This is a decrease of -8.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $194,000 | -25.0% |
Listing Count | 133 | -13.0% |
| Listings as % of Homes | 0.9% | -13.0% |
Days on Market | 77 | -8.0% |
Demographics — Gardere Extension, Baton Rouge, LA
As of the latest ACS Survey released in 2023, Gardere Extension, Baton Rouge, LA has a population of 22,400, which has increased by 14.8% over the past 5 years. Gardere Extension, Baton Rouge, LA is a less popular place for families, as children make up 12.8% of the population. The area has a highly educated workforce, with 54.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 14.8% |
% Under 18 | 12.8% | -15.2% |
% Seniors | 3.8% | 11.8% |
% WFH | 6.2% | 287.5% |
% w/ College Degree | 54.3% | 11.0% |
As of the latest ACS Survey released in 2023, Gardere Extension, Baton Rouge, LA is a predominantly white area, with 55.5% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Gardere Extension, Baton Rouge, LA is black, making up 21.4% of the population. Foreign-born residents account for 13.1% of the population in Gardere Extension, Baton Rouge, LA, and this percentage has increased by 23.6% 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 | 55.5% | -4.3% |
% Black | 21.4% | -16.4% |
% Hispanic | 12.5% | 54.3% |
% Asian | 6.9% | 72.5% |
% Foreign Born | 13.1% | 23.6% |
Mortgage and Risk — Gardere Extension, Baton Rouge, LA
According to HUD data as of 2023, there were 27 mortgage originations in Gardere Extension, Baton Rouge, LA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 90.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Gardere Extension, Baton Rouge, LA. Investor activity is high, as 33.0% 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 | 27 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 33.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Gardere Extension, Baton Rouge, LA
As of 2024, the percent of homes in Gardere Extension, Baton Rouge, LA under the Section 8 program is 4.6%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Gardere Extension, Baton Rouge, LA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 369 |
Total Units Section 8 | 291 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $850 | $1,020 |
| 2 Bedroom | $150 | $1,000 | $1,150 |
| 3 Bedroom | -$860 | $2,300 | $1,440 |
| 4 Bedroom | -$1,080 | $3,000 | $1,920 |
Affordability — Gardere Extension, Baton Rouge, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $237,000 |
| Median Household Income | $47,600 |