70363 — Terrebonne Parish, Louisiana Market Snapshot

Housing market data for zip code 70363 in Terrebonne Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

52 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$145,000

14.6% YoYClosed sales

Days to Sell

74

Median, listing to close

Homes Sold

52

Closed in 2026

Inventory

66

Sale-to-List

97.3%

New Listings

54

Price/SqFt

$91

Pending Sales

54

Conforming Loan Available

Most homebuyers in 70363 can comfortably use conventional financing. The median home price of $145,000 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

With homes sitting for 74 days on average, 70363 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 70363 sells for 2.7% below asking price (97.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 70363 can comfortably use conventional financing. The median home price of $145,000 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 70363 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 70363

To purchase the median home at $145,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,261.

Monthly Payment

$1,261

Income Required

$54,040

Principal & Interest

$893/mo

Down Payment (5%)

$7,250

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 70363.

%
%

Estimated Monthly Payment

$1,047

Principal & Interest$752
Property Tax$145
Insurance$150
Loan Amount$116,000
Total Interest$154,853
Income Required$44,887/yr

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