The story of this market
The typical home in ZIP 70553 sells for about $145,000, or $112 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 70553
The housing market in 70553 remains stable with modest price appreciation and low inventory levels. Market activity is driven by local demand and limited new construction, keeping the area affordable relative to the broader Lafayette metro region.
This ZIP is best suited for local families, retirees, and those working in the regional agricultural or energy sectors who prioritize affordability and a rural lifestyle over proximity to urban amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 5.4 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 16.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 70553, Louisiana
Crime rates in this rural area are generally lower than the national average, with property crime being the primary concern. Local law enforcement reports stable trends consistent with regional patterns in the Acadiana area.
Schools serving this area are part of the local parish school system, which generally maintains moderate performance ratings. Educational outcomes are typical for rural Louisiana districts with limited specialized programming.
The area faces significant flood risk due to its proximity to bayous and low-lying topography, necessitating mandatory flood insurance for many properties. Wind damage from tropical systems remains a recurring seasonal concern.
Economic momentum is driven primarily by agriculture, local retail, and proximity to regional energy-sector employment hubs. Infrastructure development is focused on maintaining rural road networks rather than large-scale commercial expansion.
Property taxes are assessed at the parish level based on a 10% assessment ratio for residential property. Homestead exemptions are available for primary residences, significantly reducing the effective tax burden for owner-occupants.
Commuting is heavily reliant on personal vehicles, with most residents driving 30-45 minutes to reach major employment centers in Lafayette or nearby industrial hubs.
Recreational opportunities are centered on outdoor activities like fishing, hunting, and local community parks. Shopping and dining options are limited, requiring travel to larger neighboring towns.
The rental market is characterized by low turnover and a high share of single-family homes owned by local investors. Vacancy pressure is minimal due to limited new supply.
The economy is anchored by agricultural production and small-scale service industries. Proximity to the Lafayette metro area provides access to a broader labor market including healthcare and energy services.
Transportation is almost exclusively via private vehicle, with no public transit infrastructure available. The area is served by state highways connecting to regional corridors.
There are no major commercial or residential developments currently in the pipeline for this ZIP code.
The parish assessor's office manages property valuations, with reassessments occurring on a four-year cycle as mandated by state law.
Parcels are subject to parish-wide school, library, and drainage district taxes. Some areas may fall under specific fire protection district levies.
Property insurance premiums are high and rising due to the area's classification as a high-risk flood zone and exposure to hurricane-force winds.
Louisiana is a judicial foreclosure state, requiring court intervention to complete the foreclosure process, which typically extends the timeline for lenders.
Sellers are required to provide a residential property disclosure form detailing known defects, though the state's 'caveat emptor' tradition remains influential.
Data retrieved from data.census.gov using ZCTA 70553 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides basic recreational facilities and green space for local residents.
Serves as a primary natural feature for fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.