Port Allen, LA70767

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$213,000
4.5% YoY Growth
Median Household Income
$72,000
25.6% 5-Year Growth
Days on Market
76
26.0% Longer than last year
Home Price Forecast
-1.0%
Median Rent
$1,400
51.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,100
21.2% YoY Growth

Property Listings — Port Allen, LA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Port Allen, LA is 76. This is an increase of 26.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%. 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
$260,00011.0%
Listing Count
35N/A
Listings as % of Homes0.3%N/A
Days on Market
7626.0%
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Demographics — Port Allen, LA

MetricLatest CensusYoY % Change
Population
15,100-3.8%
% Under 18
20.7%0.5%
% Under 5N/AN/A
% Seniors
17.7%22.1%
% WFH
4.9%276.9%
% w/ College Degree
17.7%-13.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
50.9%-6.9%
% Black
42.6%2.4%
% Hispanic
3.3%13.8%
% Asian
0.6%∞%
% Foreign Born
1.5%66.7%
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Mortgage and Risk — Port Allen, 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 Port Allen, LA in that year was 160. 58.0% 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, 46.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Port Allen, LA. Investor activity in Port Allen, LA is low, as 6.0% of all loans are originated by investors. In 2023, 8.0% 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
160N/AN/A
% Conventional Loans
58.0%N/AN/A
% Government Loans
42.0%N/AN/A
% Investor Loans
6.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
8.0%N/AN/A
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Rentals and Section 8 — Port Allen, LA

As of 2024, the percent of homes in Port Allen, LA under the Section 8 program is 13.1%. 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
202
Total Units Section 8
202
% Rentals under Section 8
13.1%
% Occupied Section 8
59.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,020
2 BedroomN/AN/A$1,150
3 Bedroom$340$1,100$1,440
4 Bedroom$520$1,400$1,920

Affordability — Port Allen, LA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.8N/AN/A
Median Home Price$213,000N/AN/A
Median Household Income$72,000N/AN/A

Port Allen, LA — ZIP Code Boundary Map

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