70640 — Jefferson Davis Parish, Louisiana Market Snapshot
Housing market data for zip code 70640 in Jefferson Davis Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Jefferson Davis Parish county page for broader data.
Market Sales Data
1 sales in 2025
Median Sale Price
$62,995
Days to Sell
57
Homes Sold
1
Inventory
N/A
Conforming Loan Available
Most homebuyers in 70640 can comfortably use conventional financing. The median home price of $62,995 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
70640's market is balanced with homes taking an average of 57 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Conforming Loan Feasibility
Most homebuyers in 70640 can comfortably use conventional financing. The median home price of $62,995 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 70640 are set at the county level.
2026 Loan Limits — Jefferson Davis 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 70640
To purchase the median home at $62,995 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $633.
Monthly Payment
$633
Income Required
$27,114
Principal & Interest
$388/mo
Down Payment (5%)
$3,150
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 70640.
Estimated Monthly Payment
$540
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