Elm Grove, LA—71051
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elm Grove, LA
As of Oct '25, the median home price in Elm Grove, LA is $211,000, with a year-over-year change of 0.1%. This indicates that home prices in Elm Grove, LA are flat. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | 0.1% |
| Single Family | $211,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $134,000 | -2.2% |
3 Bed | $232,000 | 0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elm Grove, LA
As of July '25, Rentcast reports the average rent in Elm Grove, LA is $1,600, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Elm Grove, LA is 3-bedrooms: $1,600. The most common rental property sizes in Elm Grove, LA are 1-bedroom and 2-bedroom, accounting for 56.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Elm Grove, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Elm Grove, LA is 126. This is a decrease of -33.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | -79.0% |
Listing Count | 5 | 31.0% |
| Listings as % of Homes | N/A | 31.0% |
Days on Market | 126 | -33.0% |
Demographics — Elm Grove, LA
As of the latest ACS Survey released in 2023, Elm Grove, LA has a population of 2,680, which has increased by 57.2% over the past 5 years. Elm Grove, LA is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 10.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,680 | 57.2% |
% Under 18 | 26.6% | 11.3% |
% Seniors | 10.8% | -41.9% |
% WFH | 2.4% | ∞% |
% w/ College Degree | 10.1% | -52.1% |
As of the latest ACS Survey released in 2023, Elm Grove, LA is a predominantly white area, with 70.6% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Elm Grove, LA is black, making up 26.8% of the population. Foreign-born residents account for 0.0% of the population in Elm Grove, LA, and this percentage has decreased by 100.0% 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 | 70.6% | -3.4% |
% Black | 26.8% | 57.6% |
% Hispanic | 0.1% | -97.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Elm Grove, LA
Elm Grove, LA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Elm Grove, LA
Elm Grove, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | N/A | N/A | $1,340 |
| 2 Bedroom | N/A | N/A | $1,530 |
| 3 Bedroom | $380 | $1,600 | $1,980 |
| 4 Bedroom | N/A | N/A | $2,100 |
Affordability — Elm Grove, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $211,000 |
| Median Household Income | $63,300 |