Belcher, LA71004

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$148,000
7.3% YoY Growth
Median Household Income
$72,900
112.1% 5-Year Growth
Days on Market
76
N/A
Home Price Forecast
-5.4%
Median Rent
$800
20.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$800
20.0% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Belcher, LA

Belcher, LA lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$302,000N/A
Listing Count
2N/A
Listings as % of Homes1.0%N/A
Days on Market
76N/A
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Demographics — Belcher, LA

As of the latest ACS Survey released in 2023, Belcher, LA has a population of 408, which has decreased by -39.3% over the past 5 years. Belcher, LA is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
408-39.3%
% Under 18
22.1%6.2%
% Seniors
22.1%50.3%
% WFH
2.6%-76.8%
% w/ College Degree
32.6%33.6%
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As of the latest ACS Survey released in 2023, Belcher, LA is a predominantly white area, with 80.9% of the population identifying as white. The white population has grown by 62.8% in the last 5 years. The second most common race or ethnicity in Belcher, LA is black, making up 12.3% of the population. Foreign-born residents account for 0.0% of the population in Belcher, LA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.9%62.8%
% Black
12.3%-69.2%
% Hispanic
1.2%-88.5%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Belcher, LA

According to HUD data as of 2023, there were 9 mortgage originations in Belcher, LA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Belcher, LA. Investor activity is low, as 11.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
9
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
11.0%
% Second Loans
0.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Belcher, LA

Belcher, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$980
2 Bedroom$320$800$1,120
3 BedroomN/AN/A$1,450
4 BedroomN/AN/A$1,540

Affordability — Belcher, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2
Median Home Price$148,000
Median Household Income$72,900

Belcher, LA — ZIP Code Boundary Map

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Frequently Asked Questions