70462 — Tangipahoa Parish, Louisiana Market Snapshot

Housing market data for zip code 70462 in Tangipahoa Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

30 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$248,358

Closed sales

Days to Sell

68

Median, listing to close

Homes Sold

30

Closed in 2026

Inventory

N/A

Sale-to-List

98.4%

New Listings

N/A

Price/SqFt

$157

Pending Sales

35

Conforming Loan Available

Most homebuyers in 70462 can comfortably use conventional financing. The median home price of $248,358 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 68 days on average, 70462 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

Homes are selling very close to asking price in 70462 (98.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 70462 can comfortably use conventional financing. The median home price of $248,358 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 70462 are set at the county level.

2026 Loan Limits — Tangipahoa 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 70462

To purchase the median home at $248,358 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,053.

Monthly Payment

$2,053

Income Required

$87,979

Principal & Interest

$1,530/mo

Down Payment (5%)

$12,418

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 70462.

%
%

Estimated Monthly Payment

$1,687

Principal & Interest$1,289
Property Tax$248
Insurance$150
Loan Amount$198,686
Total Interest$265,235
Income Required$72,301/yr

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