Chalmette, LA—70043
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chalmette, LA
As of Oct '25, the median home price in Chalmette, LA is $211,000, with a year-over-year change of -3.1%. This indicates that home prices in Chalmette, LA are decreasing. According to Zillow, the 1-year price projection is -3.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | -3.1% |
| Single Family | $211,000 | -3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $167,000 | 2.5% |
3 Bed | $225,000 | -0.4% |
4 Bed | $275,000 | 0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chalmette, LA
As of July '25, Rentcast reports the average rent in Chalmette, LA is $1,630, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Chalmette, LA is 1-bedrooms: $1,040, 2-bedrooms: $1,270, 3-bedrooms: $2,080, 4-bedrooms: $2,820. The most common rental property sizes in Chalmette, LA are 2-bedroom and 3-bedroom, accounting for 58.4% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $1,040 |
| 2 Bed Rent | $1,250 | $1,270 |
| 3 Bed Rent | $2,050 | $2,080 |
| 4 Bed Rent | $2,800 | $2,820 |
% of Rental Stock
Property Listings — Chalmette, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Chalmette, LA is 70. This is a increase of 7.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $267,000 | 4.0% |
Listing Count | 113 | 7.0% |
| Listings as % of Homes | 1.3% | 7.0% |
Days on Market | 70 | 7.0% |
Demographics — Chalmette, LA
As of the latest ACS Survey released in 2023, Chalmette, LA has a population of 22,500, which has decreased by -4.8% over the past 5 years. Chalmette, LA is a popular place for families, as children make up 27.1% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | -4.8% |
% Under 18 | 27.1% | -4.9% |
% Seniors | 11.7% | 30.0% |
% WFH | 6.5% | 441.7% |
% w/ College Degree | 14.7% | 12.2% |
As of the latest ACS Survey released in 2023, Chalmette, LA is a predominantly white area, with 55.3% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Chalmette, LA is black, making up 26.8% of the population. Foreign-born residents account for 6.0% of the population in Chalmette, LA, and this percentage has decreased by 13.0% 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 | 55.3% | -9.6% |
% Black | 26.8% | 22.4% |
% Hispanic | 11.9% | 7.2% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 6.0% | -13.0% |
Mortgage and Risk — Chalmette, LA
According to HUD data as of 2023, there were 247 mortgage originations in Chalmette, LA, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Chalmette, LA. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 247 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Chalmette, LA
As of 2024, the percent of homes in Chalmette, LA under the Section 8 program is 12.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Chalmette, LA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 392 |
Total Units Section 8 | 392 |
% Rentals under Section 8 | 12.6% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $900 | $1,060 |
| 2 Bedroom | $20 | $1,250 | $1,270 |
| 3 Bedroom | -$430 | $2,050 | $1,620 |
| 4 Bedroom | -$890 | $2,800 | $1,910 |
Affordability — Chalmette, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $211,000 |
| Median Household Income | $57,100 |