Krotz Springs, LA70750

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$117,000
3.5% YoY Growth
Median Household Income
$39,300
56.4% 5-Year Growth
Days on Market
52
76.0% Shorter than last year
Home Price Forecast
-7.9%
Median 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

Property Listings — Krotz Springs, LA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Krotz Springs, LA is 52. This is an decrease of -76.0% 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 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$279,00086.0%
Listing Count
1N/A
Listings as % of Homes0.2%N/A
Days on Market
52-76.0%
Loading chart...

Demographics — Krotz Springs, LA

MetricLatest CensusYoY % Change
Population
1,110-23.2%
% Under 18
17.1%-28.2%
% Under 5N/AN/A
% Seniors
26.4%57.1%
% WFH
3.5%-12.5%
% w/ College Degree
6.5%14.0%
Loading chart...

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.7%-3.3%
% Black
1.3%∞%
% Hispanic
0.0%N/A
% Asian
0.0%-100.0%
% Foreign Born
0.0%-100.0%
Loading chart...

Mortgage and Risk — Krotz Springs, 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 Krotz Springs, LA in that year was 26. 65.0% 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, 38.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Krotz Springs, LA. Investor activity in Krotz Springs, LA is low, as 0.0% of all loans are originated by investors. In 2023, 4.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
26N/AN/A
% Conventional Loans
65.0%N/AN/A
% Government Loans
35.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
4.0%N/AN/A
% Cash Out Refinance
4.0%N/AN/A
Loading chart...
Loading chart...
Loading chart...

Rentals and Section 8 — Krotz Springs, LA

As of 2024, the percent of homes in Krotz Springs, LA under the Section 8 program is 3.2%. This is considered low, suggesting that the neighborhood is sparsely 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
23
Total Units Section 8
2
% Rentals under Section 8
3.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,020
2 BedroomN/AN/A$1,150
3 BedroomN/AN/A$1,440
4 BedroomN/AN/A$1,920

Affordability — Krotz Springs, LA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.4N/AN/A
Median Home Price$117,000N/AN/A
Median Household Income$39,300N/AN/A

Krotz Springs, LA — ZIP Code Boundary Map

Loading map...