Jefferson Parish, Louisiana Housing Market
In Jefferson Parish, Louisiana, the median home value is $251,400, with a median monthly rent of $1,190. This places Jefferson Parish at #878 nationally out of 3134 counties by median home value, and #6 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: $1,279
- Establishments: 15,876
- BLS QCEW, 2025
Housing Supply
- Single-family: 402
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 164,093 (avg $73,132)
- Outflow: 162,668 (avg $73,286)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Jefferson Parish · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 70121 | 235.4 | -0.33% | 2025 |
| 2 | 70053 | 224.4 | +8.28% | 2025 |
| 3 | 70072 | 211.1 | +4.85% | 2025 |
| 4 | 70058 | 221.5 | +2.31% | 2025 |
| 5 | 70094 | 221.5 | -0.65% | 2025 |
| 6 | 70062 | 217.6 | +4.19% | 2025 |
| 7 | 70005 | 224.3 | +4.09% | 2025 |
| 8 | 70056 | 204.2 | -2.67% | 2025 |
| 9 | 70006 | 190.8 | -1.62% | 2025 |
| 10 | 70065 | 200.0 | +3.00% | 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 Jefferson Parish Compares
| Metric | Jefferson Parish | Louisiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $251,400 | $167,368 | $227,706 |
| Median Gross Rent | $1,190 | $914 | $968 |
| Owner Occupancy Rate | 62.6% | 72.2% | 73.3% |
| Price/Rent Ratio | 17.6 | 15.1 | 18.7 |
Market Analysis
The median home value in Jefferson Parish is 50.2% above the Louisiana state average and 10.4% above the U.S. national average. The median rent of $1,190/month is 30.2% above the state average.
With a price-to-rent ratio of 17.6, the buy-vs-rent decision in Jefferson Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Jefferson Parish has an owner-occupancy rate of 62.6%, 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 |
|---|---|---|---|
| Racine County | Wisconsin | $251,400 | $1,080 |
| Sweetwater County | Wyoming | $251,400 | $911 |
| Jack County | Texas | $251,200 | $960 |
| Floyd County | Indiana | $251,000 | $1,036 |
| Gooding County | Idaho | $250,900 | $880 |
Other Counties in Louisiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| East Baton Rouge Parish | $248,800 | $1,147 | 59.3% |
| West Feliciana Parish | $245,700 | $1,049 | 75.7% |
| Lafayette Parish | $242,900 | $1,057 | 65.5% |
| St. Charles Parish | $263,700 | $1,210 | 82.1% |
| Livingston Parish | $230,600 | $1,151 | 80.7% |
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).