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Walker, LA—70785

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$256,000
3.3% YoY Growth
Household Income
$84,600
41.7% YoY Growth
Days on Market
58
4.0% Shorter YoY
Home Price Forecast
0.0%
Median Rent
$1,500
5.5% YoY Growth
1-Bed Rent
$1,120
4.7% YoY Growth
2-Bed Rent
$1,250
12.3% YoY Growth
3-Bed Rent
$1,550
5.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Walker, LA

As of May '26, the median home price in Walker, LA is $256,000, with a year-over-year change of 3.3%. This indicates that home prices in Walker, LA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$256,0003.3%
Single Family $256,0003.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$167,0003.1%
    3 Bed
    		$240,0003.4%
    4 Bed
    		$316,0002.6%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    1.9%
    2 Bedrooms
    12.6%
    3 Bedrooms
    58.1%
    4 Bedrooms
    21.5%
    5+ Bedrooms
    4.1%

    Rental Trends — Walker, LA

    As of July '25, Rentcast reports the average rent in Walker, LA is $1,560, with a year-over-year rent change of -5.5%. Per bedroom, the median rent as of July '25 in Walker, LA is 1-bedrooms: $1,120, 2-bedrooms: $1,210, 3-bedrooms: $1,580, 4-bedrooms: $2,100. The most common rental property sizes in Walker, LA are 3-bedroom and 2-bedroom, accounting for 54.2% and 17.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,560
    Studio Rent N/AN/A
    1 Bed Rent $1,120$1,120
    2 Bed Rent $1,250$1,210
    3 Bed Rent $1,550$1,580
    4 Bed Rent $1,950$2,100
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    % of Rental Stock

    Studio
    8.9%
    1 Bedroom
    8.5%
    2 Bedrooms
    17.3%
    3 Bedrooms
    54.2%
    4 Bedrooms
    9.1%
    5+ Bedrooms
    1.9%

    Property Listings — Walker, LA

    As of May '26, Realtor.com reports that the median days on market for a home in Walker, LA is 58. This is a decrease of -4.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$279,0008.0%
    Listing Count
    		101-2.0%
    Listings as % of Homes0.6%-2.0%
    Days on Market
    		58-4.0%
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    Demographics — Walker, LA

    As of the latest ACS Survey released in 2023, Walker, LA has a population of 22,900, which has increased by 6.8% over the past 5 years. Walker, LA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		22,9006.8%
    % Under 18
    		26.0%-5.8%
    % Seniors
    		13.0%5.7%
    % WFH
    		6.8%78.9%
    % w/ College Degree
    		18.6%9.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Walker, LA is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Walker, LA is black, making up 5.5% of the population. Foreign-born residents account for 1.7% of the population in Walker, LA, and this percentage has decreased by 22.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		88.4%-1.8%
    % Black
    		5.5%10.0%
    % Hispanic
    		1.7%-34.6%
    % Asian
    		1.8%100.0%
    % Foreign Born
    		1.7%-22.7%
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    Mortgage and Risk — Walker, LA

    According to HUD data as of 2023, there were 427 mortgage originations in Walker, LA, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Walker, LA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		427
    % Conventional Loans
    		55.0%
    % Government Loans
    		45.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Walker, LA

    As of 2024, the percent of homes in Walker, LA under the Section 8 program is 0.4%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Walker, LA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		0.4%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$30$1,120$1,090
    2 Bedroom-$20$1,250$1,230
    3 Bedroom-$10$1,550$1,540
    4 Bedroom$90$1,950$2,040

    Affordability — Walker, LA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$256,000
    Median Household Income$84,600

    Walker, LA — ZIP Code Boundary Map

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    Frequently Asked Questions