70427 — Washington Parish, Louisiana Market Snapshot
Housing market data for zip code 70427 in Washington Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
29 sales in 2026 (year to date)
Median Sale Price
$129,000
Days to Sell
53
Homes Sold
29
Inventory
40
Sale-to-List
93.5%
New Listings
34
Price/SqFt
$75
Pending Sales
35
Conforming Loan Available
Most homebuyers in 70427 can comfortably use conventional financing. The median home price of $129,000 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
70427's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 70427 sells for 6.5% below asking price (93.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 70427 can comfortably use conventional financing. The median home price of $129,000 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 70427 are set at the county level.
2026 Loan Limits — Washington 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 70427
To purchase the median home at $129,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,138.
Monthly Payment
$1,138
Income Required
$48,787
Principal & Interest
$795/mo
Down Payment (5%)
$6,450
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 70427.
Estimated Monthly Payment
$948
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