Evangeline Parish, Louisiana Housing Market
In Evangeline Parish, Louisiana, the median home value is $124,600, with a median monthly rent of $681. This places Evangeline Parish at #2553 nationally out of 3134 counties by median home value, and #43 within Louisiana.
📈 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: $888
- Establishments: 570
- BLS QCEW, 2025
Housing Supply
- Single-family: 39
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,053 (avg $54,890)
- Outflow: 10,895 (avg $55,196)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Evangeline Parish · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 70586 | 219.2 | -8.03% | 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.
How Evangeline Parish Compares
| Metric | Evangeline Parish | Louisiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $124,600 | $167,368 | $227,706 |
| Median Gross Rent | $681 | $914 | $968 |
| Owner Occupancy Rate | 66.2% | 72.2% | 73.3% |
| Price/Rent Ratio | 15.2 | 15.1 | 18.7 |
Market Analysis
The median home value in Evangeline Parish is 25.6% below the Louisiana state average and 45.3% below the U.S. national average. The median rent of $681/month is 25.5% below the state average.
With a price-to-rent ratio of 15.2, the buy-vs-rent decision in Evangeline Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Evangeline Parish has an owner-occupancy rate of 66.2%, compared to 72.2% in Louisiana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Winston County | Mississippi | $124,600 | $721 |
| Kay County | Oklahoma | $124,700 | $842 |
| Hansford County | Texas | $124,800 | $939 |
| Screven County | Georgia | $124,300 | $679 |
| Scott County | Tennessee | $124,900 | $686 |
Other Counties in Louisiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Sabine Parish | $123,100 | $701 | 80.3% |
| Avoyelles Parish | $122,400 | $757 | 70.1% |
| Red River Parish | $119,700 | $729 | 77.3% |
| LaSalle Parish | $119,500 | $657 | 80.6% |
| Morehouse Parish | $118,800 | $839 | 68.6% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).