Prairieville, LA—70769
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prairieville, LA
As of Oct '25, the median home price in Prairieville, LA is $338,000, with a year-over-year change of 1.6%. This indicates that home prices in Prairieville, LA are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | 1.6% |
| Single Family | $339,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | 1.4% |
3 Bed | $285,000 | 1.4% |
4 Bed | $413,000 | 1.7% |
| 5 Bed | $515,000 | 1.0% |
% of Housing Stock
Rental Trends — Prairieville, LA
As of July '25, Rentcast reports the average rent in Prairieville, LA is $2,070, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Prairieville, LA is 1-bedrooms: $1,230, 2-bedrooms: $1,280, 3-bedrooms: $1,860, 4-bedrooms: $2,570. The most common rental property sizes in Prairieville, LA are 3-bedroom and studio, accounting for 56.7% and 16.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,230 | $1,230 |
| 2 Bed Rent | $1,300 | $1,280 |
| 3 Bed Rent | $1,900 | $1,860 |
| 4 Bed Rent | $2,400 | $2,570 |
% of Rental Stock
Property Listings — Prairieville, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Prairieville, LA is 65. This is a increase of 11.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 2.0% |
Listing Count | 220 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 65 | 11.0% |
Demographics — Prairieville, LA
As of the latest ACS Survey released in 2023, Prairieville, LA has a population of 48,100, which has increased by 12.1% over the past 5 years. Prairieville, LA is a popular place for families, as children make up 29.7% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,100 | 12.1% |
% Under 18 | 29.7% | 3.1% |
% Seniors | 9.9% | 2.1% |
% WFH | 7.9% | 88.1% |
% w/ College Degree | 35.1% | 0.0% |
As of the latest ACS Survey released in 2023, Prairieville, LA is a predominantly white area, with 72.9% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Prairieville, LA is black, making up 14.7% of the population. Foreign-born residents account for 4.5% of the population in Prairieville, LA, and this percentage has increased by 45.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.9% | -7.6% |
% Black | 14.7% | 54.7% |
% Hispanic | 6.0% | 3.4% |
% Asian | 1.5% | -16.7% |
% Foreign Born | 4.5% | 45.2% |
Mortgage and Risk — Prairieville, LA
According to HUD data as of 2023, there were 914 mortgage originations in Prairieville, LA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Prairieville, LA. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 914 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Prairieville, LA
As of 2024, the percent of homes in Prairieville, LA under the Section 8 program is 0.6%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Prairieville, LA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,230 | $1,220 |
| 2 Bedroom | $80 | $1,300 | $1,380 |
| 3 Bedroom | -$170 | $1,900 | $1,730 |
| 4 Bedroom | -$120 | $2,400 | $2,280 |
Affordability — Prairieville, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $338,000 |
| Median Household Income | $115,000 |