Funston, LA—71049
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Funston, LA
Funston, LA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Funston, LA
Funston, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $665 | $665 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $665 | $665 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Funston, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Funston, LA is 80. This is a increase of 46.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $164,000 | -15.0% |
Listing Count | 8 | 109.0% |
| Listings as % of Homes | N/A | 109.0% |
Days on Market | 80 | 46.0% |
Demographics — Funston, LA
As of the latest ACS Survey released in 2023, Funston, LA has a population of 3,370, which has decreased by -3.9% over the past 5 years. Funston, LA is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,370 | -3.9% |
% Under 18 | 25.8% | -5.8% |
% Seniors | 22.0% | 41.0% |
% WFH | 2.5% | -21.9% |
% w/ College Degree | 10.9% | 16.0% |
As of the latest ACS Survey released in 2023, Funston, LA is a predominantly white area, with 71.7% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Funston, LA is black, making up 22.9% of the population. Foreign-born residents account for 0.3% of the population in Funston, LA, and this percentage has decreased by 93.5% 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 | 71.7% | 4.1% |
% Black | 22.9% | 10.6% |
% Hispanic | 1.6% | -72.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -93.5% |
Mortgage and Risk — Funston, LA
According to HUD data as of 2023, there were 57 mortgage originations in Funston, LA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Funston, LA. Investor activity is low, as 11.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Funston, LA
Funston, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 3 |
% 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 | $175 | $665 | $840 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Funston, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $40,600 |