Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$64,714
$864

Housing Market Overview

Metric St. Martin Parish Louisiana Avg US Average
Median Home Price $64,714 $166,764 $242,182
Price Trend (Annual %) 10.0% 4.5% 8.2%
Median Gross Rent $864 $1,038 $1,342
Rent Trend (Annual %) 4.4% 3.8% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
St. Martin Parish
Louisiana
United States
Year St. Martin Parish Louisiana United States
Median Rent Over Time
St. Martin Parish
Louisiana
United States
Year St. Martin Parish Louisiana United States

Affordability

On average, housing unit costs 1.2 yearly household incomes in St. Martin Parish.

Metric St. Martin Parish Louisiana Avg US Average
Median Home Price $64,714 $166,764 $242,182
Median Household Income $53,735 $60,029 $78,145
Price-to-Income Ratio 1.2 2.8 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric St. Martin Parish Louisiana Avg US Average
Homeownership Rate 66.4% 57.3% 58.2%
Rental Rate 17.8% 27.8% 31.3%
Vacancy Rate 15.8% 14.8% 10.6%
Median Tenure (years) 19.0 16.0 15.0
Median Year Moved In 2007 2010 2011

Housing Stock

Metric St. Martin Parish Louisiana Avg US Average
Average Household Size 2.57 people 2.52 people 2.54 people
Median Structure Built Year 1987 1982 1978
Median Number of Rooms 5.3 5.5 5.5