Glenmora, LA—71433
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glenmora, LA
As of Oct '25, the median home price in Glenmora, LA is $131,000, with a year-over-year change of -3.2%. This indicates that home prices in Glenmora, LA are decreasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $131,000 | -3.2% |
| Single Family | $131,000 | -2.2% |
| 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 | $167,000 | -1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Glenmora, LA
Glenmora, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Glenmora, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Glenmora, LA is 114. This is a increase of 51.0% 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 | $120,000 | -14.0% |
Listing Count | 5 | -33.0% |
| Listings as % of Homes | 0.4% | -33.0% |
Days on Market | 114 | 51.0% |
Demographics — Glenmora, LA
As of the latest ACS Survey released in 2023, Glenmora, LA has a population of 3,980, which has decreased by -5.3% over the past 5 years. Glenmora, LA is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,980 | -5.3% |
% Under 18 | 22.8% | 0.4% |
% Seniors | 15.3% | -0.6% |
% WFH | 5.7% | 375.0% |
% w/ College Degree | 14.8% | 124.2% |
As of the latest ACS Survey released in 2023, Glenmora, LA is a predominantly white area, with 71.1% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Glenmora, LA is black, making up 11.8% of the population. Foreign-born residents account for 6.9% of the population in Glenmora, LA, and this percentage has increased by 86.5% 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 | 71.1% | -4.3% |
% Black | 11.8% | -32.6% |
% Hispanic | 10.4% | 52.9% |
% Asian | 4.1% | 720.0% |
% Foreign Born | 6.9% | 86.5% |
Mortgage and Risk — Glenmora, LA
According to HUD data as of 2023, there were 45 mortgage originations in Glenmora, LA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Glenmora, LA. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Glenmora, LA
Glenmora, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Glenmora, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $131,000 |
| Median Household Income | $57,500 |