Assumption Parish, Louisiana Housing Market
In Assumption Parish, Louisiana, the median home value is $150,300, with a median monthly rent of $810. This places Assumption Parish at #2240 nationally out of 3134 counties by median home value, and #38 within Louisiana.
How is this calculated?
Composite of 4 axes: Affordability (30%), Stability (25%), Momentum (25%), Vitality (20%), each normalized as a percentile rank across 3134 U.S. counties. Editorial rating only — not investment advice or a property valuation.
Market Phase classifies the current state of the market based on 5-year price growth and recent FHFA momentum: 🔥 Boom · 📈 Growth · ⚖️ Stable · ❄️ Cooling · 🌱 Recovering. This is a present-state classification, not a forecast.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,195
- Establishments: 302
- BLS QCEW, 2025
Housing Supply
- Single-family: 30
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,800 (avg $64,374)
- Outflow: 7,671 (avg $64,966)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Assumption Parish · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 70339 | 235.7 | +8.30% | 2025 |
| 2 | 70380 | 186.7 | -9.59% | 2025 |
| 3 | 70301 | 213.0 | +2.21% | 2025 |
| 4 | 70390 | 233.6 | +1.71% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Assumption Parish Compares
| Metric | Assumption Parish | Louisiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $150,300 | $167,368 | $227,706 |
| Median Gross Rent | $810 | $914 | $968 |
| Owner Occupancy Rate | 84.8% | 72.2% | 73.3% |
| Price/Rent Ratio | 15.5 | 15.1 | 18.7 |
Market Analysis
The median home value in Assumption Parish is 10.2% below the Louisiana state average and 34.0% below the U.S. national average. The median rent of $810/month is 11.4% below the state average.
With a price-to-rent ratio of 15.5, the buy-vs-rent decision in Assumption Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Assumption Parish has an owner-occupancy rate of 84.8%, compared to 72.2% in Louisiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Brown County | Illinois | $150,300 | $698 |
| Cass County | Iowa | $150,300 | $777 |
| Rock Island County | Illinois | $150,400 | $889 |
| Douglas County | Illinois | $150,400 | $848 |
| Louisa County | Iowa | $150,100 | $775 |
Other Counties in Louisiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jefferson Davis Parish | $150,800 | $848 | 77.1% |
| De Soto Parish | $154,900 | $687 | 77.2% |
| Acadia Parish | $155,500 | $681 | 67.0% |
| Washington Parish | $155,700 | $774 | 69.3% |
| Vernon Parish | $156,000 | $1,068 | 56.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-15. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).