Bourg, LA—70343
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bourg, LA
As of Oct '25, the median home price in Bourg, LA is $220,000, with a year-over-year change of 0.7%. This indicates that home prices in Bourg, LA are flat. According to Zillow, the 1-year price projection is -5.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | 0.7% |
| Single Family | $220,000 | 1.4% |
| 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 — 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 |
% of Rental Stock
Property Listings — Bourg, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bourg, LA is 83. This is a decrease of -11.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | -5.0% |
Listing Count | 31 | 49.0% |
| Listings as % of Homes | 0.5% | 49.0% |
Days on Market | 83 | -11.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Bourg, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $220,000 |
| Median Household Income | $84,500 |