The story of this market
The typical home in ZIP 70570 sells for about $161,000, or $105 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $925 a month.
ZIP 70570 — Opelousas
The 70570 housing market is currently experiencing a period of price stagnation with a slight year-over-year decline, reflecting broader economic challenges in the region. High inventory relative to sales volume and a high renter cost-burden suggest a market driven by affordability constraints rather than speculative growth. Buyers remain cautious as interest rates and insurance costs continue to impact overall housing affordability.
This ZIP is best suited for local families, budget-conscious buyers, and investors seeking high rental yields. It is less attractive to luxury buyers or those requiring proximity to major metropolitan employment centers.
Median prices moved down 2.4% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 24.1% — a mixed stability 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 3.8%/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 2.8%/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 70570, St. Landry Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Opelousas are higher than the national average, with property and violent crime being primary concerns for local law enforcement. The area experiences trends consistent with regional urban centers in rural Louisiana.
Public schools in the area are primarily served by the St. Landry Parish School District, which faces ongoing challenges with academic performance and resource allocation. Many families seek alternative private or charter options when available.
The region is subject to significant flood risks due to its low-lying topography and proximity to bayous, necessitating flood insurance for many properties. Wind damage from tropical weather systems remains a recurring seasonal concern.
Economic momentum is driven by local government, healthcare, and agricultural services, though the area has seen limited large-scale industrial expansion recently. Infrastructure improvements are focused on maintaining existing transit corridors.
Property taxes are assessed by St. Landry Parish based on fair market value, with homestead exemptions available for primary residences. Tax rates are determined by a combination of parish-wide millage and specific local district levies.
Commuting is primarily car-dependent, with residents relying on I-49 and US-190 to reach employment hubs in Lafayette or surrounding parishes. Public transit options are extremely limited.
Local amenities include city parks such as South City Park, historic downtown shopping districts, and proximity to regional outdoor activities like fishing and hunting. Dining options are centered on traditional Cajun and Creole cuisine.
The rental market is characterized by high demand for affordable housing, with limited new inventory keeping vacancy rates relatively tight. Investors are active in the single-family rental space due to the low entry price point.
The economy is anchored by the healthcare sector, public administration, and retail trade. It serves as a regional hub for St. Landry Parish.
The area is served by major highway intersections including I-49 and US-190, which facilitate regional travel but offer no significant public transit infrastructure.
Development is largely focused on small-scale infill projects and the maintenance of existing commercial infrastructure.
The St. Landry Parish Assessor's office manages property valuations, typically reassessing on a four-year cycle.
Parcels are subject to St. Landry Parish school, fire, and drainage district taxes.
Property insurance premiums are elevated due to regional flood and wind exposure, with many properties requiring coverage through the National Flood Insurance Program.
Louisiana is a judicial foreclosure state, requiring court intervention to complete the foreclosure process.
Sellers are required to provide a residential property disclosure form detailing known defects to potential buyers.
Data retrieved from US Census Bureau ACS 2024 5-year estimates for ZCTA 70570.
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 recreational space, playgrounds, and walking paths for the community.
Features local boutiques, restaurants, and cultural landmarks.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.