Merryville, LA—70653
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Merryville, LA
As of Nov '25, the median home price in Merryville, LA is $147,000, with a year-over-year change of -5.9%. This indicates that home prices in Merryville, LA are decreasing. According to Zillow, the 1-year price projection is -5.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | -5.9% |
| Single Family | $147,000 | -7.0% |
| 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 — Merryville, LA
As of July '25, Rentcast reports the average rent in Merryville, LA is $1,150, with a year-over-year rent change of 35.3%. Per bedroom, the median rent as of July '25 in Merryville, LA is 3-bedrooms: $1,150. The most common rental property sizes in Merryville, LA are 3-bedroom and 1-bedroom, accounting for 49.8% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,150 | $1,150 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Merryville, LA
As of Nov '25, Realtor.com reports that the median days on market for a home in Merryville, LA is 87. This is a decrease of -14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $162,000 | -60.0% |
Listing Count | 12 | 94.0% |
| Listings as % of Homes | 0.5% | 94.0% |
Days on Market | 87 | -14.0% |
Demographics — Merryville, LA
As of the latest ACS Survey released in 2023, Merryville, LA has a population of 3,300, which has decreased by -3.9% over the past 5 years. Merryville, LA is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 8.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,300 | -3.9% |
% Under 18 | 26.5% | 14.2% |
% Seniors | 16.7% | -15.7% |
% WFH | 0.9% | -40.0% |
% w/ College Degree | 8.6% | -41.1% |
As of the latest ACS Survey released in 2023, Merryville, LA is a predominantly white area, with 89.9% of the population identifying as white. The white population has grown by 7.8% in the last 5 years. The second most common race or ethnicity in Merryville, LA is black, making up 6.1% of the population. Foreign-born residents account for 0.2% of the population in Merryville, LA, and this percentage has decreased by 94.4% 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 | 89.9% | 7.8% |
% Black | 6.1% | -31.5% |
% Hispanic | 0.9% | -69.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.2% | -94.4% |
Mortgage and Risk — Merryville, LA
According to HUD data as of 2023, there were 25 mortgage originations in Merryville, LA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Merryville, LA. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Merryville, LA
Merryville, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 89 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | -$20 | $1,150 | $1,130 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Merryville, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $147,000 |
| Median Household Income | $60,600 |