Shongaloo, LA71072

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$222,000
N/A
Median Household Income
$72,300
105.5% 5-Year Growth
Days on Market
43
105.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Shongaloo, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Shongaloo, LA is 43. This is a increase of 105.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$222,0008.0%
Listing Count
1-50.0%
Listings as % of HomesN/A-50.0%
Days on Market
43105.0%
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Demographics — Shongaloo, LA

As of the latest ACS Survey released in 2023, Shongaloo, LA has a population of 1,380, which has remained stable by 0.7% over the past 5 years. Shongaloo, LA is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,3800.7%
% Under 18
23.4%2.6%
% Seniors
26.6%23.7%
% WFH
8.7%141.7%
% w/ College Degree
29.4%40.7%
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Shongaloo, LA lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.1%11.2%
% Black
2.3%-82.3%
% Hispanic
0.1%∞%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Shongaloo, LA

According to HUD data as of 2023, there were 17 mortgage originations in Shongaloo, LA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Shongaloo, LA. Investor activity is low, as 12.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
17
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
12.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Shongaloo, LA

Shongaloo, 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$690
2 BedroomN/AN/A$900
3 BedroomN/AN/A$1,190
4 BedroomN/AN/A$1,200

Affordability — Shongaloo, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$72,300

Shongaloo, LA — ZIP Code Boundary Map

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Frequently Asked Questions