The story of this market
The typical home in ZIP 71353 sells for about $297,500, or $105 per square foot.
Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71353 — Melville
The housing market in 71353 is characterized by very low inventory and slow turnover, reflecting a stable, rural environment. Prices remain modest compared to national averages, driven by the area's limited economic growth and geographic constraints. Market activity is minimal, with few listings and sales occurring in any given month.
This ZIP is best suited for local workers, retirees, or those seeking affordable, rural waterfront living who are comfortable with a car-dependent lifestyle.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 142 days on market with 3.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 22.1% — 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 4.7%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71353, Saint 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.
The area is located in a high-risk flood zone near the Atchafalaya River, necessitating mandatory flood insurance for many properties.
Economic activity is primarily driven by agriculture and local services with limited new commercial development.
Property taxes are assessed by Saint Landry Parish based on a millage rate system; exemptions for homesteads apply to primary residences.
Residents typically commute by car to nearby employment hubs in Opelousas or Lafayette, with limited public transit options.
The area offers access to outdoor activities along the Atchafalaya River, including fishing and boating, with limited local shopping.
The rental market is characterized by low inventory and primarily consists of single-family homes with stable, low-cost rent trajectories.
The local economy is heavily reliant on the agricultural sector and small-scale local commerce.
Transportation is entirely dependent on private vehicles via state highways; no public transit infrastructure exists.
There are no major commercial or residential developments currently approved or under construction in this ZIP.
The Saint Landry Parish Assessor manages property valuations, which are updated periodically for tax purposes.
Parcels are subject to standard parish-wide school and emergency service district taxes.
Property insurance premiums are elevated due to the area's proximity to the Atchafalaya River and associated flood risks.
Data retrieved from U.S. Census Bureau American Community Survey 5-Year Estimates.
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 regional access for fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.