70056 — Jefferson Parish, Louisiana Market Snapshot
Housing market data for zip code 70056 in Jefferson Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
67 sales in 2026 (year to date)
Median Sale Price
$248,900
Days to Sell
91
Homes Sold
67
Inventory
83
Sale-to-List
97.4%
New Listings
86
Price/SqFt
$138
Pending Sales
83
Conforming Loan Available
Most homebuyers in 70056 can comfortably use conventional financing. The median home price of $248,900 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 91 days on average, 70056 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 70056 sells for 2.6% below asking price (97.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 70056 can comfortably use conventional financing. The median home price of $248,900 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 70056 are set at the county level.
2026 Loan Limits — Jefferson 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 70056
To purchase the median home at $248,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,057.
Monthly Payment
$2,057
Income Required
$88,157
Principal & Interest
$1,534/mo
Down Payment (5%)
$12,445
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 70056.
Estimated Monthly Payment
$1,690
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