The story of this market
The typical home in ZIP 70391 sells for about $223,250, or $130 per square foot.
Prices are up +4.3% from a year ago, so sellers still have some momentum. Homes take about 152 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 70391 — Paincourtville
The Thibodaux housing market is currently experiencing moderate activity with a median sale price of $223,250 and a year-over-year price increase of 4.3%. While inventory remains stable, homes are spending significantly longer on the market compared to the previous year, suggesting a shift toward a more balanced environment for buyers and sellers.
Thibodaux is well-suited for families and local professionals seeking a lower cost of living compared to larger Louisiana cities, offering a mix of historic charm and suburban convenience.
Median prices moved up 4.3% year over year.
Homes spend a median of 152 days on market with 29.0 months of supply — a slower-moving market.
55% of listings have cut prices · homes sell at 96.5% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 70301, Lafourche Parish, LA
Reported violent crime in Thibodaux decreased by approximately 21% between 2022 and 2023, while property crime saw a 7% decline during the same period.
The area is served by the Lafourche Parish School District, which provides a range of public educational options; school quality is generally characterized by local accountability scores and state-level performance metrics.
The region faces significant flood and wind risks due to its location in coastal Louisiana, necessitating careful consideration of flood insurance requirements and building resilience.
Economic momentum is driven by the Houma-Thibodaux MSA's industrial base, including energy and maritime sectors, with ongoing infrastructure projects supporting regional connectivity.
Property taxes are assessed by the Lafourche Parish Assessor based on fair market value, with millage rates determined by local taxing authorities including the parish, city, and school district.
Residents primarily rely on personal vehicles for commuting, with highway corridors providing access to employment centers in the broader Houma-Thibodaux metropolitan area.
The city offers several local amenities including Peltier Park, Chiasson Park, and the Jean Lafitte Wildlife Center, providing residents with access to green spaces and outdoor recreation.
The rental market shows moderate availability with approximately 19 active listings; rent trends have experienced recent downward pressure compared to previous periods.
The local economy is anchored by the energy, maritime, and education sectors, with Nicholls State University serving as a significant regional employer and economic driver.
Transportation is primarily facilitated by regional highway networks connecting Thibodaux to the wider Houma-Thibodaux MSA.
Development activity is focused on maintaining historic infrastructure while supporting moderate residential and commercial growth within the city limits.
The Lafourche Parish Assessor's office manages property valuations for tax purposes, adhering to state-mandated assessment cycles.
Parcels are subject to various special districts including the Lafourche Parish School District and local drainage/levee districts.
Property insurance premiums in this coastal region are influenced by high hazard exposure, requiring comprehensive coverage for wind and flood risks.
Data retrieved from US Census Bureau and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A central community park offering recreational facilities and green space.
Provides educational opportunities and access to local wetlands.
Features historic architecture and local businesses listed on the National Register of Historic Places.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.