Bourg, LA 70343 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bourg, LA—70343

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$222,000

1.2% YoY Growth

Household Income

$84,500

39.0% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

-5.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Bourg, LA

As of Nov '25, the median home price in Bourg, LA is $222,000, with a year-over-year change of 1.2%. This indicates that home prices in Bourg, LA are increasing. According to Zillow, the 1-year price projection is -5.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$222,000	1.2%
Single Family	$222,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bourg, LA

Bourg, LA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

46.0%

2 Bedrooms

10.2%

3 Bedrooms

43.8%

Property Listings — Bourg, LA

As of Nov '25, Realtor.com reports that the median days on market for a home in Bourg, LA is 96. This is a decrease of -15.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$285,000	-6.0%
Listing Count	29	54.0%
Listings as % of Homes	0.5%	54.0%
Days on Market	96	-15.0%

Loading chart...

Demographics — Bourg, LA

As of the latest ACS Survey released in 2023, Bourg, LA has a population of 5,270, which has remained stable by -0.4% over the past 5 years. Bourg, LA is a popular place for families, as children make up 26.6% 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 5.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,270	-0.4%
% Under 18	26.6%	2.3%
% Seniors	15.1%	-14.7%
% WFH	5.4%	125.0%
% w/ College Degree	15.0%	32.7%

Loading chart...

As of the latest ACS Survey released in 2023, Bourg, LA is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Bourg, LA is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.3% of the population in Bourg, LA, and this percentage has increased by 62.5% 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	84.6%	-1.1%
% Black	0.0%	-100.0%
% Hispanic	1.3%	-43.5%
% Asian	0.0%	-100.0%
% Foreign Born	1.3%	62.5%

Loading chart...

Mortgage and Risk — Bourg, LA

According to HUD data as of 2023, there were 52 mortgage originations in Bourg, LA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Bourg, LA. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

Loading chart...

Rentals and Section 8 — Bourg, LA

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

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	1.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	N/A	N/A	$1,020
3 Bedroom	N/A	N/A	$1,260
4 Bedroom	N/A	N/A	$1,370

Bourg, LA—70343

Key Metrics at a Glance

Home Price Trends — Bourg, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bourg, LA

% of Rental Stock

Property Listings — Bourg, LA

Demographics — Bourg, LA

Race and Ethnicity

Mortgage and Risk — Bourg, LA

Mortgages

Rentals and Section 8 — Bourg, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bourg, LA

Home Price to Income Ratio

Bourg, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lockport, LA

Montegut, LA

Houma, LA

Mathews, LA

Houma, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$222,000
Median Household Income	$84,500

Bourg, LA—70343

Key Metrics at a Glance

Home Price Trends — Bourg, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bourg, LA

% of Rental Stock

Property Listings — Bourg, LA

Demographics — Bourg, LA

Race and Ethnicity

Mortgage and Risk — Bourg, LA

Mortgages

Rentals and Section 8 — Bourg, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bourg, LA

Home Price to Income Ratio

Bourg, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lockport, LA

Montegut, LA

Houma, LA

Mathews, LA

Houma, LA

Frequently Asked Questions

What is the average home price in Bourg, LA 70343?

How have home prices in Bourg, LA 70343 changed over the past year?

What is the home price projection for Bourg, LA 70343?

What are the demographics of Bourg, LA 70343?

How long does it take homes to sell in Bourg, LA 70343?

What is the average rent price in Bourg, LA 70343?