Meraux, LA—70075
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Meraux, LA
As of Nov '25, the median home price in Meraux, LA is $235,000, with a year-over-year change of -4.2%. This indicates that home prices in Meraux, LA are decreasing. According to Zillow, the 1-year price projection is -2.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | -4.2% |
| Single Family | $235,000 | -4.1% |
| 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 | $237,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Meraux, LA
As of July '25, Rentcast reports the average rent in Meraux, LA is $1,920, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Meraux, LA is 2-bedrooms: $1,100, 3-bedrooms: $2,040. The most common rental property sizes in Meraux, LA are 3-bedroom and 1-bedroom, accounting for 56.2% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $2,100 | $2,040 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Meraux, LA
As of Nov '25, Realtor.com reports that the median days on market for a home in Meraux, LA is 81. This is a increase of 4.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $273,000 | 5.0% |
Listing Count | 31 | 0.0% |
| Listings as % of Homes | 1.7% | 0.0% |
Days on Market | 81 | 4.0% |
Demographics — Meraux, LA
As of the latest ACS Survey released in 2023, Meraux, LA has a population of 5,350, which has decreased by -8.1% over the past 5 years. Meraux, LA is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,350 | -8.1% |
% Under 18 | 27.1% | 2.7% |
% Seniors | 12.2% | 50.6% |
% WFH | 3.7% | 105.6% |
% w/ College Degree | 26.2% | 104.7% |
As of the latest ACS Survey released in 2023, Meraux, LA is a predominantly white area, with 69.4% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Meraux, LA is hispanic, making up 13.6% of the population. Foreign-born residents account for 2.5% of the population in Meraux, LA, and this percentage has decreased by 16.7% 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 | 69.4% | -5.3% |
% Black | 9.9% | -19.5% |
% Hispanic | 13.6% | 20.4% |
% Asian | 5.3% | 89.3% |
% Foreign Born | 2.5% | -16.7% |
Mortgage and Risk — Meraux, LA
According to HUD data as of 2023, there were 99 mortgage originations in Meraux, LA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Meraux, LA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Meraux, LA
Meraux, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 181 |
Total Units Section 8 | 181 |
% Rentals under Section 8 | 79.0% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | $130 | $1,100 | $1,230 |
| 3 Bedroom | -$520 | $2,100 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Meraux, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $235,000 |
| Median Household Income | $69,500 |