Grambling, LA71245

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$138,000
10.9% YoY Growth
Median Household Income
$22,500
7.7% 5-Year Growth
Days on Market
164
92.0% Longer than last year
Home Price Forecast
-4.6%
Median Rent
$900
20.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$550
26.1% YoY Growth
3-Bed Rent
$1,050
30.6% YoY Growth

Property Listings — Grambling, LA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Grambling, LA is 164. This is an increase of 92.0% 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 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$140,000-3.0%
Listing Count
10N/A
Listings as % of Homes0.2%N/A
Days on Market
16492.0%
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Demographics — Grambling, LA

MetricLatest CensusYoY % Change
Population
4,180-15.2%
% Under 18
16.9%10.5%
% Under 5N/AN/A
% Seniors
10.8%25.6%
% WFH
31.5%298.7%
% w/ College Degree
35.0%-22.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
8.9%48.3%
% Black
85.3%-5.8%
% Hispanic
0.7%-82.9%
% Asian
0.4%100.0%
% Foreign Born
1.6%-50.0%
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Mortgage and Risk — Grambling, 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 Grambling, LA in that year was 18. 72.0% 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 80.0%. Of those, 33.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Grambling, LA. Investor activity in Grambling, LA is high, as 22.0% of all loans are originated by investors. In 2023, 11.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
18N/AN/A
% Conventional Loans
72.0%N/AN/A
% Government Loans
28.0%N/AN/A
% Investor Loans
22.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
11.0%N/AN/A
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Rentals and Section 8 — Grambling, LA

As of 2024, the percent of homes in Grambling, LA under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown 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
225
Total Units Section 8
129
% Rentals under Section 8
N/A
% Occupied Section 8
57.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 Bedroom$400$550$950
3 Bedroom$200$1,050$1,250
4 BedroomN/AN/A$1,550

Affordability — Grambling, LA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio6.7N/AN/A
Median Home Price$138,000N/AN/A
Median Household Income$22,500N/AN/A

Grambling, LA — ZIP Code Boundary Map

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