Plaquemines Parish, Louisiana Housing Market

In Plaquemines Parish, Louisiana, the median home value is $282,900, with a median monthly rent of $1,573. This places Plaquemines Parish at #714 nationally out of 3134 counties by median home value, and #3 within Louisiana.

Median Home Value $282,900
Median Rent $1,573/mo
Owner Occupancy 75.8%
Price/Rent Ratio 15.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Plaquemines Parish fell -1.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,487
jobs (private sector)
  • Avg weekly wage: $1,863
  • Establishments: 856
  • BLS QCEW, 2025
🏗️

Housing Supply

47
new units authorized (2025)
  • Single-family: 33
  • Multi-family: 14
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+553
net migration (filers, 2021-2022)
  • Inflow: 8,291 (avg $79,065)
  • Outflow: 7,738 (avg $80,006)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Plaquemines Parish · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 70037 187.3 -3.61% 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 Plaquemines Parish Compares

MetricPlaquemines ParishLouisiana AverageU.S. Average
Median Home Value $282,900 $167,368 $227,706
Median Gross Rent $1,573 $914 $968
Owner Occupancy Rate 75.8% 72.2% 73.3%
Price/Rent Ratio 15.0 15.1 18.7

Market Analysis

The median home value in Plaquemines Parish is 69.0% above the Louisiana state average and 24.2% above the U.S. national average. The median rent of $1,573/month is 72.1% above the state average.

With a price-to-rent ratio of 15.0, the buy-vs-rent decision in Plaquemines Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Plaquemines Parish has an owner-occupancy rate of 75.8%, 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

CountyStateMedian Home ValueMedian Rent
Leavenworth County Kansas $282,900 $1,219
Hubbard County Minnesota $282,600 $905
Umatilla County Oregon $282,600 $997
Columbia County Wisconsin $283,200 $978
Putnam County Tennessee $282,500 $908

Other Counties in Louisiana

CountyMedian Home ValueMedian RentOwner Occ.
St. Tammany Parish $284,000 $1,332 78.9%
Ascension Parish $279,600 $1,318 81.0%
St. Charles Parish $263,700 $1,210 82.1%
Jefferson Parish $251,400 $1,190 62.6%
Orleans Parish $315,700 $1,251 51.2%

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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).