70517 — St. Martin Parish, Louisiana Market Snapshot
Housing market data for zip code 70517 in St. Martin Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
43 sales in 2026 (year to date)
Median Sale Price
$175,000
Days to Sell
65
Homes Sold
43
Inventory
83
Sale-to-List
95.9%
New Listings
69
Price/SqFt
$126
Pending Sales
57
Conforming Loan Available
Most homebuyers in 70517 can comfortably use conventional financing. The median home price of $175,000 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 65 days on average, 70517 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 70517 sells for 4.1% below asking price (95.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 70517 can comfortably use conventional financing. The median home price of $175,000 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 70517 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 70517
To purchase the median home at $175,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,491.
Monthly Payment
$1,491
Income Required
$63,891
Principal & Interest
$1,078/mo
Down Payment (5%)
$8,750
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 70517.
Estimated Monthly Payment
$1,233
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 70517. Tell us what you're looking for.