Housing Insights for ZIP Code 70392 (Patterson, LA)

Housing Summary for ZIP Code 70392

Homeowners

The median home value in ZIP Code 70392 (Patterson, LA) is $117,400. Approximately 61.9% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.7%.

The average occupancy of owner-occupied units in ZIP Code 70392 is 2.98 occupants, while owner-occupied units have an aggregate average size of 2.63 bedrooms per housing unit.

Renters

In the 70392 ZIP Code, an estimated 38.1% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 20.2%.

Among renter-occupied units in this ZIP, the average occupancy is 2.18 occupants, while renters in this St. Mary County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 70392

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 70392.

ZIP 70392 Louisiana U.S.
Median Home Value $117,400 $213,371 $356,002
Owner-Occupied Housing Units 61.9% 65.6% 64.0%
Homeowner Vacancy Rate 1.7% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.98 2.68 2.70
Average # of Bedrooms Per Unit 2.63 2.75 2.75
Median Housing Rent $0 $866 $1,062
Renter-Occupied Housing Units 38.1% 34.4% 36.0%
Rental Vacancy Rate 20.2% 8.6% 6.0%
Average Size of Renter-Occupied Unit 2.18 2.48 2.49
Percent of Income Spent on Rent 0% 30.69% 29.83%

Home Values in ZIP Code 70392 (Patterson, LA)

The median home value in ZIP Code 70392 is $117,400. That median value is about 28% lower than the median home value of $163,100 in Louisiana overall, and is 46% lower than the $217,500 the median home value in the entire U.S. An estimated 23.8% of homes in ZIP Code 70392 are valued $50,000 to $99,999. That is 51% higher than in the stat of Louisiana, in which 15.8% of homes are valued at $50,000 to $99,999, and is about 98% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 70392 homes fall into is $1,000,000 or more (0.7% of homes).

Home Values in ZIP Code 70392

This chart visualizes the breakdown of home values in ZIP Code 70392, Louisiana, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 70392 vs. home values in both the state of Louisiana and in the U.S. overall.

Home Values in ZIP Code 70392

See the table below for a regional comparison of home values in ZIP Code 70392.

Home Value ZIP 70392 Louisiana U.S.
Less than $50,000 16.3% 11.8% 6.9%
$50,000 to $99,999 23.8% 15.8% 12.0%
$100,000 to $149,999 22.1% 16.5% 13.3%
$150,000 to $199,999 18.8% 19.0% 14.0%
$200,000 to $299,999 13.8% 20.4% 19.6%
$300,000 to $499,999 3.7% 11.8% 19.3%
$500,000 to $999,999 0.8% 3.9% 11.4%
$1,000,000 or more 0.7% 1.0% 3.4%

Home Ages in ZIP Code 70392 (Patterson, LA)

Approximately 21.0% of homes in this Patterson, LA region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 70392 is about 15% higher than percentage of homes built in this time period in Louisiana overall (18.3% of homes), and is 38% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 20.3% of local homes were built in 1990 to 1999. On the other end of the scale, just 1.2% of homes in this St. Mary County ZIP Code were built in 1940 to 1949 in ZIP Code 70392. In comparison, 4.2% of homes in Louisiana overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 70392

A detailed regional comparison of home ages in ZIP Code 70392.

Year Built ZIP 70392 Louisiana U.S.
2014 or later 2.5% 2.8% 2.5%
2010 to 2013 3.6% 3.9% 2.7%
2000 to 2009 16.4% 14.6% 14.0%
1990 to 1999 20.3% 12.8% 13.9%
1980 to 1989 17.0% 14.6% 13.4%
1970 to 1979 21.0% 18.3% 15.2%
1960 to 1969 10.6% 12.6% 10.6%
1950 to 1959 4.0% 9.5% 10.3%
1940 to 1949 1.2% 4.2% 4.9%
1939 or earlier 3.4% 6.7% 12.6%

Age of Homes in ZIP Code 70392

See the chart below for details on the age of homes in ZIP Code 70392, Louisiana, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 70392

Frequently asked questions about housing in this Patterson, LA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 70392.

1

What is the average home value ZIP Code 70392?

The median home value in ZIP Code 70392 (Patterson, LA) is $117,400.
2

Are homes expensive in ZIP Code 70392?

The median home value in 70392 ($117,400) is an estimated 28% lower than the aggregate median value of $163,100 in Louisiana, and is 46% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 70392?

The vacacy rate for owner-occupied housing in ZIP Code 70392 is 1.7%. This rate is 6% lower than the overall Louisiana owner-occupied vacancy rate of 1.8%. Additionally, the 70392 vacancy rate is 6% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 70392 have older homes or newer construction?

In ZIP Code 70392, about 21.0% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 20.3% of homes in the region were built in 1990 to 1999. In contrast, 1.2% of homes in 70392 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 70392? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 70392 than renter-occupied housing. Owner-occupied units make up 61.9% of housing, compared to 38.1% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 70392?

The vacacy rate for rental units in ZIP Code 70392 is 20.2%. This rate is 135% higher than the overall Louisiana vacancy rate of 8.6%. Additionally, the 70392 vacancy rate is 237% higher than the entire U.S. vacancy rate of 6.0%.