Bunkie, LA 71322 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bunkie, LA—71322

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$101,000

7.9% YoY Growth

Household Income

$25,700

24.5% YoY Growth

Days on Market

130

52.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$550

N/A

1-Bed Rent

$530

N/A

2-Bed Rent

N/A

3-Bed Rent

$895

N/A

Other Zip Codes in Bunkie, LA

71325

Home Price Trends — Bunkie, LA

Bunkie, LA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$101,000	-7.9%
Single Family	$100,000	-8.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Bunkie, LA

Bunkie, LA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$550	$658
Studio Rent	N/A	N/A
1 Bed Rent	$530	$540
2 Bed Rent	N/A	N/A
3 Bed Rent	$895	$895
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.7%

2 Bedrooms

53.2%

3 Bedrooms

43.2%

Property Listings — Bunkie, LA

As of May '26, Realtor.com reports that the median days on market for a home in Bunkie, LA is 130. This is a increase of 52.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$150,000	-28.0%
Listing Count	15	-20.0%
Listings as % of Homes	0.7%	-20.0%
Days on Market	130	52.0%

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Demographics — Bunkie, LA

As of the latest ACS Survey released in 2023, Bunkie, LA has a population of 5,260, which has decreased by -13.7% over the past 5 years. Bunkie, LA is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,260	-13.7%
% Under 18	25.0%	-3.1%
% Seniors	23.8%	6.2%
% WFH	4.8%	-41.5%
% w/ College Degree	9.8%	-35.9%

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As of the latest ACS Survey released in 2023, Bunkie, LA is a predominantly black area, with 51.2% of the population identifying as black. The black population has grown by 13.8% in the last 5 years. The second most common race or ethnicity in Bunkie, LA is white, making up 43.0% of the population. Foreign-born residents account for 0.7% of the population in Bunkie, LA, and this percentage has decreased by 46.2% 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	43.0%	-19.2%
% Black	51.2%	13.8%
% Hispanic	1.8%	0.0%
% Asian	0.0%	N/A
% Foreign Born	0.7%	-46.2%

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Mortgage and Risk — Bunkie, LA

According to HUD data as of 2023, there were 36 mortgage originations in Bunkie, LA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Bunkie, LA. Investor activity is high, as 17.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	36
% Conventional Loans	53.0%
% Government Loans	47.0%
% Investor Loans	17.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Bunkie, LA

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

Section 8 Market Size

Total Units under HUD	138
Total Units Section 8	65
% Rentals under Section 8	6.9%
% Occupied Section 8	96.6%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$230	$530	$760
2 Bedroom	N/A	N/A	$1,000
3 Bedroom	$395	$895	$1,290
4 Bedroom	N/A	N/A	$1,410

Bunkie, LA—71322

Key Metrics at a Glance

Other Zip Codes in Bunkie, LA

Home Price Trends — Bunkie, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bunkie, LA

% of Rental Stock

Property Listings — Bunkie, LA

Demographics — Bunkie, LA

Race and Ethnicity

Mortgage and Risk — Bunkie, LA

Mortgages

Rentals and Section 8 — Bunkie, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bunkie, LA

Home Price to Income Ratio

Bunkie, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Big Cane, LA

Centerville, LA

Plaucheville, LA

Washington, LA

Bunkie, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.3
Median Home Price	$101,000
Median Household Income	$25,700

Bunkie, LA—71322

Key Metrics at a Glance

Other Zip Codes in Bunkie, LA

Home Price Trends — Bunkie, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bunkie, LA

% of Rental Stock

Property Listings — Bunkie, LA

Demographics — Bunkie, LA

Race and Ethnicity

Mortgage and Risk — Bunkie, LA

Mortgages

Rentals and Section 8 — Bunkie, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bunkie, LA

Home Price to Income Ratio

Bunkie, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Big Cane, LA

Centerville, LA

Plaucheville, LA

Washington, LA

Bunkie, LA

Frequently Asked Questions

What is the average home price in Bunkie, LA 71322?

How have home prices in Bunkie, LA 71322 changed over the past year?

What is the home price projection for Bunkie, LA 71322?

What are the demographics of Bunkie, LA 71322?

How long does it take homes to sell in Bunkie, LA 71322?

What is the average rent price in Bunkie, LA 71322?