70512 — St. Martin Parish, Louisiana Market Snapshot

Housing market data for zip code 70512 in St. Martin Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

10 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$196,250

0.6% YoYClosed sales

Days to Sell

120

Median, listing to close

Homes Sold

10

Closed in 2026

Inventory

17

Sale-to-List

90.8%

New Listings

18

Price/SqFt

$140

Pending Sales

13

Conforming Loan Available

Most homebuyers in 70512 can comfortably use conventional financing. The median home price of $196,250 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 120 days on average, 70512 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 70512 sells for 9.2% below asking price (90.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 70512 can comfortably use conventional financing. The median home price of $196,250 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 70512 are set at the county level.

2026 Loan Limits — St. Martin 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 70512

To purchase the median home at $196,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,654.

Monthly Payment

$1,654

Income Required

$70,869

Principal & Interest

$1,209/mo

Down Payment (5%)

$9,813

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 70512.

%
%

Estimated Monthly Payment

$1,365

Principal & Interest$1,018
Property Tax$196
Insurance$150
Loan Amount$157,000
Total Interest$209,588
Income Required$58,481/yr

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