70615 — Calcasieu Parish, Louisiana Market Snapshot

Housing market data for zip code 70615 in Calcasieu Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

16 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$141,500

2.8% YoYClosed sales

Days to Sell

156

Median, listing to close

Homes Sold

16

Closed in 2026

Inventory

20

Sale-to-List

94.4%

New Listings

15

Price/SqFt

$90

Pending Sales

15

Conforming Loan Available

Most homebuyers in 70615 can comfortably use conventional financing. The median home price of $141,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 156 days on average, 70615 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 70615 sells for 5.6% below asking price (94.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 70615 can comfortably use conventional financing. The median home price of $141,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 70615 are set at the county level.

2026 Loan Limits — Calcasieu Parish

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 70615

To purchase the median home at $141,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,234.

Monthly Payment

$1,234

Income Required

$52,891

Principal & Interest

$872/mo

Down Payment (5%)

$7,075

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 70615.

%
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Estimated Monthly Payment

$1,026

Principal & Interest$734
Property Tax$142
Insurance$150
Loan Amount$113,200
Total Interest$151,116
Income Required$43,959/yr

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