Quitman, LA—71268
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Quitman, LA
Quitman, LA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $145,000 | -4.9% |
| Single Family | $144,000 | -4.6% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Quitman, LA
Quitman, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Quitman, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Quitman, LA is 352. This is a increase of 638.0% 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 | $142,000 | -31.0% |
Listing Count | 4 | -12.0% |
| Listings as % of Homes | 0.3% | -12.0% |
Days on Market | 352 | 638.0% |
Demographics — Quitman, LA
As of the latest ACS Survey released in 2023, Quitman, LA has a population of 2,260, which has decreased by -7.0% over the past 5 years. Quitman, LA is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,260 | -7.0% |
% Under 18 | 19.0% | -14.4% |
% Seniors | 27.1% | 33.5% |
% WFH | 3.9% | 143.8% |
% w/ College Degree | 13.0% | -48.4% |
As of the latest ACS Survey released in 2023, Quitman, LA is a predominantly white area, with 81.1% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Quitman, LA is black, making up 12.4% of the population. Foreign-born residents account for 0.0% of the population in Quitman, 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 | 81.1% | -6.1% |
% Black | 12.4% | 2.5% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Quitman, LA
According to HUD data as of 2023, there were 30 mortgage originations in Quitman, LA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Quitman, LA. Investor activity is low, as 7.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Quitman, LA
Quitman, 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 | $880 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Quitman, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $145,000 |
| Median Household Income | $57,700 |