The story of this market
The typical home in ZIP 70647 sells for about $227,500, or $118 per square foot.
Prices are up +35.7% from a year ago, so sellers still have some momentum. Homes take about 126 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,134 a month.
ZIP 70647 — Iowa
The 70647 housing market shows strong price appreciation and high homeownership rates, though inventory remains extremely limited. Recent data indicates a significant increase in median home values and household income compared to regional averages. Market activity is currently constrained by low supply, with few active listings reported.
This ZIP is well-suited for families and professionals seeking a suburban environment with higher-than-average household incomes and a high rate of homeownership.
Median prices moved up 35.7% year over year.
Homes spend a median of 126 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.5% · poverty 10.3% — a stable, low-distress 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 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 70647
The area is served by the Calcasieu Parish School District, which provides public education for the local community.
The region is subject to hurricane and flood risks common to coastal Louisiana, necessitating careful consideration of insurance coverage.
The area has experienced significant population and income growth, with local economic activity supported by proximity to industrial hubs in Calcasieu Parish.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Residents typically face a commute of approximately 25.5 minutes, primarily relying on personal vehicles to reach employment centers in the Lake Charles metropolitan area.
The area offers access to local parks and outdoor recreational opportunities within the broader Calcasieu Parish region, with proximity to Lake Charles amenities.
The rental market has seen significant price appreciation, with a median gross rent of $1,134 and a preference for 3+ bedroom single-family housing.
The local economy is anchored by the industrial and energy sectors prevalent in Calcasieu Parish, with significant employment ties to the Lake Charles area.
Parcels are subject to the Calcasieu Parish School District and various local utility and service district assessments.
Property insurance premiums in this coastal Louisiana region are influenced by high hazard exposure to wind and flood events.
Data retrieved from US Civic Data and Census ACS 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. Source: NCES EDGE public school locations 2023-24.
Provides local green space and recreational facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.