Bunkie, LA—71322
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bunkie, LA
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 | $95,000 | -2.9% |
| Single Family | $95,000 | -4.0% |
| 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 — 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 |
% of Rental Stock
Property Listings — Bunkie, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bunkie, LA is 141. This is a decrease of -12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $161,000 | 24.0% |
Listing Count | 17 | -6.0% |
| Listings as % of Homes | 0.7% | -6.0% |
Days on Market | 141 | -12.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Bunkie, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $95,000 |
| Median Household Income | $25,700 |