Patterson, LA 70392 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Patterson, LA—70392

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$140,000

7.7% YoY Growth

Household Income

$49,500

2.2% YoY Growth

Days on Market

48.0% Shorter YoY

Home Price Forecast

-2.6%

Median Rent

$1,100

20.8% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$800

8.3% YoY Growth

3-Bed Rent

$1,100

14.8% YoY Growth

Home Price Trends — Patterson, LA

As of Dec '25, the median home price in Patterson, LA is $140,000, with a year-over-year change of -7.7%. This indicates that home prices in Patterson, 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	$140,000	-7.7%
Single Family	$140,000	-8.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Patterson, LA

As of July '25, Rentcast reports the average rent in Patterson, LA is $1,450, with a year-over-year rent change of 20.8%. Per bedroom, the median rent as of July '25 in Patterson, LA is 2-bedrooms: $825, 3-bedrooms: $1,150, 4-bedrooms: $3,300. The most common rental property sizes in Patterson, LA are 2-bedroom and 1-bedroom, accounting for 37.6% and 28.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,450
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$800	$825
3 Bed Rent	$1,100	$1,150
4 Bed Rent	$3,300	$3,300

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% of Rental Stock

1 Bedroom

28.0%

2 Bedrooms

37.6%

3 Bedrooms

25.8%

4 Bedrooms

8.6%

Property Listings — Patterson, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Patterson, LA is 62. This is a decrease of -45.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$228,000	-3.0%
Listing Count	22	22.0%
Listings as % of Homes	0.6%	22.0%
Days on Market	91	-48.0%

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Demographics — Patterson, LA

As of the latest ACS Survey released in 2023, Patterson, LA has a population of 8,160, which has decreased by -5.2% over the past 5 years. Patterson, LA is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 9.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,160	-5.2%
% Under 18	26.8%	6.3%
% Seniors	16.0%	20.3%
% WFH	5.9%	637.5%
% w/ College Degree	9.0%	-25.0%

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As of the latest ACS Survey released in 2023, Patterson, LA is a predominantly white area, with 52.9% of the population identifying as white. The white population has shrunk by 15.0% in the last 5 years. The second most common race or ethnicity in Patterson, LA is black, making up 38.5% of the population. Foreign-born residents account for 1.4% of the population in Patterson, LA, and this percentage has decreased by 17.6% 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	52.9%	-15.0%
% Black	38.5%	33.7%
% Hispanic	1.9%	-13.6%
% Asian	0.6%	-64.7%
% Foreign Born	1.4%	-17.6%

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Mortgage and Risk — Patterson, LA

According to HUD data as of 2023, there were 56 mortgage originations in Patterson, LA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Patterson, LA. Investor activity is high, as 16.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	56
% Conventional Loans	64.0%
% Government Loans	36.0%
% Investor Loans	16.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Patterson, LA

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

Section 8 Market Size

Total Units under HUD	164
Total Units Section 8	58
% Rentals under Section 8	5.0%
% Occupied Section 8	66.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	$180	$800	$980
3 Bedroom	$180	$1,100	$1,280
4 Bedroom	-$1,720	$3,300	$1,580

Patterson, LA—70392

Key Metrics at a Glance

Home Price Trends — Patterson, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Patterson, LA

% of Rental Stock

Property Listings — Patterson, LA

Demographics — Patterson, LA

Race and Ethnicity

Mortgage and Risk — Patterson, LA

Mortgages

Rentals and Section 8 — Patterson, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Patterson, LA

Home Price to Income Ratio

Patterson, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Berwick, LA

Bayou Sale

Morgan City, LA

Amelia

Franklin, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$140,000
Median Household Income	$49,500

Patterson, LA—70392

Key Metrics at a Glance

Home Price Trends — Patterson, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Patterson, LA

% of Rental Stock

Property Listings — Patterson, LA

Demographics — Patterson, LA

Race and Ethnicity

Mortgage and Risk — Patterson, LA

Mortgages

Rentals and Section 8 — Patterson, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Patterson, LA

Home Price to Income Ratio

Patterson, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Berwick, LA

Bayou Sale

Morgan City, LA

Amelia

Franklin, LA

Frequently Asked Questions

What is the average home price in Patterson, LA 70392?

How have home prices in Patterson, LA 70392 changed over the past year?

What is the home price projection for Patterson, LA 70392?

What are the demographics of Patterson, LA 70392?

How long does it take homes to sell in Patterson, LA 70392?

What is the average rent price in Patterson, LA 70392?