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Market Snapshot

Median listing price
$248K

The median listing price in Rayne, LA ZIP 70578 is $247,500 as of June 2026.

Median rent
$900/mo

The median market rent in Rayne, LA ZIP 70578 is $900/month as of June 2026.

Days on market
388 days

The median days on market in Rayne, LA ZIP 70578 is 388 days as of June 2026. The market is currently cold.

Gross rental yield
4.36%

At a median list price of $247,500 and a median rent of $900/month, the gross rental yield in Rayne, LA ZIP 70578 is 4.36% as of June 2026.

Rayne, LA 70578 Real Estate Market Report

ZIP Code: 70578

Report Date: June 2026

Market Temperature:
COLD

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
17
Active Listings
10
Sold Properties
7

Market Metrics

Median Listing Price
$247,500
Median Sold Price
$177,000
Median Price per Sqft
$120/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$900

Property Taxes

Property Tax Rate
0.56%

Liquidity & Velocity

Median Days on Market
388
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
down
Market Temperature
cold
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary market value indicator is the median sold price of 177,000, which represents the most reliable signal of recent transaction activity and should guide pricing decisions for sellers and appraisals.
  2. Despite the median listed at 247,500, the gap between asking and realized values suggests pricing friction and that sellers may need to align expectations with recent sales; market listings appear to be priced above the realized sale level, which may prolong negotiations and concessions.
  3. Liquidity appears soft with slower sales velocity reflected by a median days on market of 388, which may indicate longer exposure required to transact and warrants proactive marketing or more competitive pricing strategies to accelerate offers.
  4. Market context shows a cold market temperature and year-over-year prices are down, while interest rate pressure is moderate; combined with a median price per square foot of 120 and a median market rent of 900, this supports a conservative outlook for near-term price appreciation and suggests investors should be selective and focus on units with clear value-add potential.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

112 Fallow Field Rd, Rayne, LA 70578
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths2,390 sqft
$269,000
Apr 1, 2026
$113/sqft/sqft
94 days on market
107 Merrydale Ln, Rayne, LA 70578
Value

Sold below market average

5 beds3 baths2,573 sqft
$250,000
Mar 1, 2026
$97/sqft/sqft
200 days on market
302 Lakefront Dr, Rayne, LA 70578
Market Benchmark

Sold at market average

3 beds2 baths1,852 sqft
$235,000
Mar 1, 2026
$127/sqft/sqft
4023 days on market
200 Picasso Dr, Rayne, LA 70578
Premium

Sold above market average

- beds- baths1,452 sqft
$210,000
Apr 1, 2026
$145/sqft/sqft
121 Windy Field Dr, Rayne, LA 70578
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,279 sqft
$185,000
May 1, 2026
$145/sqft/sqft
5757 days on market
303 Old Silo Rd, Rayne, LA 70578
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds- baths2,434 sqft
$175,000
Mar 1, 2026
$72/sqft/sqft
303 Old Silo Rd, Rayne, LA 70578
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds- baths2,434 sqft
$175,000
Mar 1, 2026
$72/sqft/sqft
807 S Polk St, Rayne, LA 70578
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds- baths1,944 sqft
$155,000
May 1, 2026
$80/sqft/sqft
403 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$129/mo
70578 Avg Rent
70578 Cost to Own
Rent$900
Own$1,029

20% down, 6.50% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

70578 Avg nightly rate
70578 Avg occupancy (days/year)
Nightly rate$106/night
Occupancy124 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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