Carencro, LA 70520 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carencro, LA—70520

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$207,000

0.2% YoY Growth

Household Income

$66,000

40.7% YoY Growth

Days on Market

4.0% Longer YoY

Home Price Forecast

-2.1%

Median Rent

$1,250

3.7% YoY Growth

1-Bed Rent

$900

72.4% YoY Growth

2-Bed Rent

$975

2.6% YoY Growth

3-Bed Rent

$1,250

18.0% YoY Growth

Home Price Trends — Carencro, LA

As of Dec '25, the median home price in Carencro, LA is $207,000, with a year-over-year change of 0.2%. This indicates that home prices in Carencro, LA are flat. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$207,000	0.2%
Single Family	$207,000	1.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Carencro, LA

As of July '25, Rentcast reports the average rent in Carencro, LA is $1,540, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Carencro, LA is studios: $550, 1-bedrooms: $900, 2-bedrooms: $975, 3-bedrooms: $1,320, 4-bedrooms: $3,520. The most common rental property sizes in Carencro, LA are 3-bedroom and 2-bedroom, accounting for 68.3% and 25.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,250	$1,540
Studio Rent	$550	$550
1 Bed Rent	$900	$900
2 Bed Rent	$975	$975
3 Bed Rent	$1,250	$1,320
4 Bed Rent	$2,400	$3,520

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% of Rental Stock

1 Bedroom

5.8%

2 Bedrooms

25.9%

3 Bedrooms

68.3%

Property Listings — Carencro, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Carencro, LA is 65. This is a increase of 2.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$234,000	-4.0%
Listing Count	78	1.0%
Listings as % of Homes	0.5%	1.0%
Days on Market	81	4.0%

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Demographics — Carencro, LA

As of the latest ACS Survey released in 2023, Carencro, LA has a population of 20,100, which has increased by 2.7% over the past 5 years. Carencro, LA is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,100	2.7%
% Under 18	26.4%	-3.6%
% Seniors	14.5%	13.3%
% WFH	14.1%	314.7%
% w/ College Degree	21.2%	-7.0%

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As of the latest ACS Survey released in 2023, Carencro, LA is a predominantly white area, with 57.8% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Carencro, LA is black, making up 32.3% of the population. Foreign-born residents account for 2.1% of the population in Carencro, LA, and this percentage has decreased by 19.2% 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	57.8%	-6.3%
% Black	32.3%	1.6%
% Hispanic	2.7%	-52.6%
% Asian	2.1%	∞%
% Foreign Born	2.1%	-19.2%

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Mortgage and Risk — Carencro, LA

According to HUD data as of 2023, there were 342 mortgage originations in Carencro, LA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Carencro, LA. Investor activity is low, as 7.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	342
% Conventional Loans	56.0%
% Government Loans	44.0%
% Investor Loans	7.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Carencro, LA

As of 2024, the percent of homes in Carencro, LA under the Section 8 program is 13.3%. 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. In Carencro, LA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	194
Total Units Section 8	194
% Rentals under Section 8	13.3%
% Occupied Section 8	85.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$40	$900	$860
2 Bedroom	-$5	$975	$970
3 Bedroom	-$30	$1,250	$1,220
4 Bedroom	-$800	$2,400	$1,600

Carencro, LA—70520

Key Metrics at a Glance

Home Price Trends — Carencro, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carencro, LA

% of Rental Stock

Property Listings — Carencro, LA

Demographics — Carencro, LA

Race and Ethnicity

Mortgage and Risk — Carencro, LA

Mortgages

Rentals and Section 8 — Carencro, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Carencro, LA

Home Price to Income Ratio

Carencro, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lafayette, LA

Sunset, LA

Grand Coteau

Lafayette, LA

Scott, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$207,000
Median Household Income	$66,000

Carencro, LA—70520

Key Metrics at a Glance

Home Price Trends — Carencro, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carencro, LA

% of Rental Stock

Property Listings — Carencro, LA

Demographics — Carencro, LA

Race and Ethnicity

Mortgage and Risk — Carencro, LA

Mortgages

Rentals and Section 8 — Carencro, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Carencro, LA

Home Price to Income Ratio

Carencro, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lafayette, LA

Sunset, LA

Grand Coteau

Lafayette, LA

Scott, LA

Frequently Asked Questions

What is the average home price in Carencro, LA 70520?

How have home prices in Carencro, LA 70520 changed over the past year?

What is the home price projection for Carencro, LA 70520?

What are the demographics of Carencro, LA 70520?

How long does it take homes to sell in Carencro, LA 70520?

What is the average rent price in Carencro, LA 70520?