70360 — Terrebonne Parish, Louisiana Market Snapshot

Housing market data for zip code 70360 in Terrebonne Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

59 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$263,500

-0.3% YoYClosed sales

Days to Sell

74

Median, listing to close

Homes Sold

59

Closed in 2026

Inventory

107

Sale-to-List

96.4%

New Listings

79

Price/SqFt

$129

Pending Sales

82

Conforming Loan Available

Most homebuyers in 70360 can comfortably use conventional financing. The median home price of $263,500 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 74 days on average, 70360 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 70360 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 70360 can comfortably use conventional financing. The median home price of $263,500 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 70360 are set at the county level.

2026 Loan Limits — Terrebonne 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 70360

To purchase the median home at $263,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,169.

Monthly Payment

$2,169

Income Required

$92,951

Principal & Interest

$1,624/mo

Down Payment (5%)

$13,175

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 70360.

%
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Estimated Monthly Payment

$1,781

Principal & Interest$1,367
Property Tax$264
Insurance$150
Loan Amount$210,800
Total Interest$281,406
Income Required$76,317/yr

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