New Llano, LA 71461 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New Llano, LA—71461

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$125,000

4.9% YoY Growth

Household Income

$49,200

2.8% YoY Growth

Days on Market

108

7.0% Longer YoY

Home Price Forecast

-0.4%

Median Rent

$1,120

3.6% YoY Growth

1-Bed Rent

$530

N/A

2-Bed Rent

$850

8.9% YoY Growth

3-Bed Rent

$1,120

3.7% YoY Growth

Home Price Trends — New Llano, LA

As of Dec '25, the median home price in New Llano, LA is $125,000, with a year-over-year change of -4.9%. This indicates that home prices in New Llano, LA are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$125,000	-4.9%
Single Family	$125,000	-6.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — New Llano, LA

As of July '25, Rentcast reports the average rent in New Llano, LA is $1,140, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in New Llano, LA is 1-bedrooms: $530, 2-bedrooms: $850, 3-bedrooms: $1,130, 4-bedrooms: $1,450. The most common rental property sizes in New Llano, LA are 2-bedroom and 3-bedroom, accounting for 48.2% and 33.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,120	$1,140
Studio Rent	N/A	N/A
1 Bed Rent	$530	$530
2 Bed Rent	$850	$850
3 Bed Rent	$1,120	$1,130
4 Bed Rent	$1,450	$1,450

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% of Rental Stock

Studio

1.8%

1 Bedroom

8.5%

2 Bedrooms

48.2%

3 Bedrooms

33.1%

4 Bedrooms

8.4%

Property Listings — New Llano, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in New Llano, LA is 158. This is a increase of 25.0% 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	$132,000	-9.0%
Listing Count	11	-11.0%
Listings as % of Homes	0.9%	-11.0%
Days on Market	108	7.0%

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Demographics — New Llano, LA

As of the latest ACS Survey released in 2023, New Llano, LA has a population of 2,250, which has decreased by -4.2% over the past 5 years. New Llano, 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 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,250	-4.2%
% Under 18	25.0%	-5.7%
% Seniors	15.2%	38.2%
% WFH	2.6%	2,500.0%
% w/ College Degree	15.0%	-15.3%

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As of the latest ACS Survey released in 2023, New Llano, LA is a predominantly white area, with 36.2% of the population identifying as white. The white population has grown by 9.7% in the last 5 years. The second most common race or ethnicity in New Llano, LA is black, making up 30.8% of the population. Foreign-born residents account for 6.4% of the population in New Llano, LA, and this percentage has increased by 3.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	36.2%	9.7%
% Black	30.8%	-35.3%
% Hispanic	13.4%	81.1%
% Asian	3.4%	-42.4%
% Foreign Born	6.4%	3.2%

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Mortgage and Risk — New Llano, LA

According to HUD data as of 2023, there were 38 mortgage originations in New Llano, LA, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in New Llano, LA. Investor activity is low, as 5.0% 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	38
% Conventional Loans	45.0%
% Government Loans	55.0%
% Investor Loans	5.0%
% Second Loans	3.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — New Llano, LA

New Llano, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	24
Total Units Section 8	24
% Rentals under Section 8	N/A
% Occupied Section 8	85.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$190	$530	$720
2 Bedroom	$90	$850	$940
3 Bedroom	$90	$1,120	$1,210
4 Bedroom	-$130	$1,450	$1,320

New Llano, LA—71461

Key Metrics at a Glance

Home Price Trends — New Llano, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Llano, LA

% of Rental Stock

Property Listings — New Llano, LA

Demographics — New Llano, LA

Race and Ethnicity

Mortgage and Risk — New Llano, LA

Mortgages

Rentals and Section 8 — New Llano, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — New Llano, LA

Home Price to Income Ratio

New Llano, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Polk South, LA

Leesville, LA

Anacoco, LA

Rosepine

Hornbeck, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$125,000
Median Household Income	$49,200

New Llano, LA—71461

Key Metrics at a Glance

Home Price Trends — New Llano, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Llano, LA

% of Rental Stock

Property Listings — New Llano, LA

Demographics — New Llano, LA

Race and Ethnicity

Mortgage and Risk — New Llano, LA

Mortgages

Rentals and Section 8 — New Llano, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — New Llano, LA

Home Price to Income Ratio

New Llano, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Polk South, LA

Leesville, LA

Anacoco, LA

Rosepine

Hornbeck, LA

Frequently Asked Questions

What is the average home price in New Llano, LA 71461?

How have home prices in New Llano, LA 71461 changed over the past year?

What is the home price projection for New Llano, LA 71461?

What are the demographics of New Llano, LA 71461?

How long does it take homes to sell in New Llano, LA 71461?

What is the average rent price in New Llano, LA 71461?