Eros, LA—71238
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eros, LA
As of Oct '25, the median home price in Eros, LA is $178,000, with a year-over-year change of -6.3%. This indicates that home prices in Eros, LA are decreasing. According to Zillow, the 1-year price projection is -2.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $178,000 | -6.3% |
| Single Family | $178,000 | -7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $210,000 | -5.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eros, LA
As of July '25, Rentcast reports the average rent in Eros, LA is $1,500, with a year-over-year rent change of 53.8%. Per bedroom, the median rent as of July '25 in Eros, LA is 4-bedrooms: $1,500. The most common rental property sizes in Eros, LA are 3-bedroom and 2-bedroom, accounting for 75.0% and 18.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| 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 | $1,500 | $1,500 |
% of Rental Stock
Property Listings — Eros, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Eros, LA is 151. This is a increase of 344.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $595,000 | 87.0% |
Listing Count | 3 | -33.0% |
| Listings as % of Homes | 0.4% | -33.0% |
Days on Market | 151 | 344.0% |
Demographics — Eros, LA
As of the latest ACS Survey released in 2023, Eros, LA has a population of 2,400, which has decreased by -30.0% over the past 5 years. Eros, LA is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,400 | -30.0% |
% Under 18 | 16.8% | -44.6% |
% Seniors | 25.1% | 112.7% |
% WFH | 6.6% | 214.3% |
% w/ College Degree | 8.1% | -55.7% |
As of the latest ACS Survey released in 2023, Eros, LA is a predominantly white area, with 95.0% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Eros, LA is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.0% of the population in Eros, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.0% | 0.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.4% | 118.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Eros, LA
According to HUD data as of 2023, there were 30 mortgage originations in Eros, LA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Eros, LA. Investor activity is low, as 3.0% 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 | 30 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Eros, LA
Eros, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | -$170 | $1,500 | $1,330 |
Affordability — Eros, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $178,000 |
| Median Household Income | $31,700 |