Jeanerette, LA70544

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$84,000
2.7% YoY Growth
Median Household Income
$57,800
55.4% 5-Year Growth
Days on Market
72
17.0% Shorter than last year
Home Price Forecast
-5.4%
Median Rent
$1,250
127.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,250
N/A

Property Listings — Jeanerette, LA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Jeanerette, LA is 72. This is an decrease of -17.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 67.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$116,00017.0%
Listing Count
15N/A
Listings as % of Homes0.3%N/A
Days on Market
72-17.0%
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Demographics — Jeanerette, LA

MetricLatest CensusYoY % Change
Population
10,400-4.9%
% Under 18
25.2%-4.5%
% Under 5N/AN/A
% Seniors
19.4%19.0%
% WFH
16.3%1,381.8%
% w/ College Degree
12.8%36.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
35.1%-6.1%
% Black
48.7%-12.3%
% Hispanic
3.3%32.0%
% Asian
2.7%1,250.0%
% Foreign Born
2.0%-9.1%
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Mortgage and Risk — Jeanerette, LA

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Jeanerette, LA in that year was 75. 81.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 81.0%. Of those, 28.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Jeanerette, LA. Investor activity in Jeanerette, LA is low, as 12.0% of all loans are originated by investors. In 2023, 11.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
75N/AN/A
% Conventional Loans
81.0%N/AN/A
% Government Loans
19.0%N/AN/A
% Investor Loans
12.0%N/AN/A
% Second Loans
4.0%N/AN/A
% Cash Out Refinance
11.0%N/AN/A
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Rentals and Section 8 — Jeanerette, LA

As of 2024, the percent of homes in Jeanerette, LA under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
123
Total Units Section 8
90
% Rentals under Section 8
15.3%
% Occupied Section 8
81.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$900
3 Bedroom-$90$1,250$1,160
4 BedroomN/AN/A$1,510

Affordability — Jeanerette, LA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1.7N/AN/A
Median Home Price$84,000N/AN/A
Median Household Income$57,800N/AN/A

Jeanerette, LA — ZIP Code Boundary Map

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