Bastrop, LA—71220
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bastrop, LA
As of Oct '25, the median home price in Bastrop, LA is $80,000, with a year-over-year change of -15.5%. This indicates that home prices in Bastrop, LA are decreasing. According to Zillow, the 1-year price projection is -3.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $80,000 | -15.5% |
| Single Family | $80,000 | -14.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $39,000 | -23.5% |
3 Bed | $95,000 | -12.8% |
4 Bed | $150,000 | -7.4% |
| 5 Bed | $166,000 | -7.3% |
% of Housing Stock
Rental Trends — Bastrop, LA
Bastrop, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio 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 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Bastrop, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bastrop, LA is 61. This is a decrease of -18.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $142,000 | 14.0% |
Listing Count | 64 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 61 | -18.0% |
Demographics — Bastrop, LA
As of the latest ACS Survey released in 2023, Bastrop, LA has a population of 20,400, which has decreased by -7.3% over the past 5 years. Bastrop, LA is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 11.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,400 | -7.3% |
% Under 18 | 25.1% | -2.3% |
% Seniors | 17.3% | 9.5% |
% WFH | 3.2% | 255.6% |
% w/ College Degree | 11.1% | -10.5% |
As of the latest ACS Survey released in 2023, Bastrop, LA is a predominantly black area, with 51.1% of the population identifying as black. The black population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Bastrop, LA is white, making up 44.5% of the population. Foreign-born residents account for 0.6% of the population in Bastrop, LA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 44.5% | -3.1% |
% Black | 51.1% | -2.7% |
% Hispanic | 1.5% | 200.0% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 0.6% | 0.0% |
Mortgage and Risk — Bastrop, LA
According to HUD data as of 2023, there were 171 mortgage originations in Bastrop, LA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Bastrop, LA. Investor activity is low, as 10.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 171 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Bastrop, LA
Bastrop, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 361 |
Total Units Section 8 | 335 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 87.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | -$1,490 | $2,800 | $1,310 |
Affordability — Bastrop, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $80,000 |
| Median Household Income | $36,200 |