The story of this market
The typical home in ZIP 70358 sells for about $350,000, or $235 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 145 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 70358 — Grand Isle
The Grand Isle real estate market is characterized by high inventory and long days on market, driven by the niche nature of coastal vacation properties. High insurance costs and environmental risks continue to temper buyer demand, resulting in a stable but slow-moving market.
This ZIP is best suited for vacation-home buyers, recreational anglers, and retirees seeking a coastal lifestyle, rather than traditional commuters or families requiring proximity to urban services.
Median prices moved down 2.5% year over year.
Homes spend a median of 145 days on market with 18.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 20.3% · poverty 36.5% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 70358, Jefferson Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Grand Isle are generally low, though the area is subject to seasonal fluctuations in population and transient tourism activity.
Public education is served by the Jefferson Parish Public School System, with limited local facilities due to the island's small, remote population.
The area faces significant exposure to hurricane-force winds, storm surge, and coastal flooding, which heavily influences property insurance availability and premiums.
Economic momentum is primarily driven by tourism, recreational fishing, and the energy industry, with limited new residential development due to geographic constraints.
Property taxes are assessed by Jefferson Parish; the area is subject to standard parish-wide millage rates with specific exemptions for primary residences (homestead exemption).
Commuting is primarily via Highway 1, the sole access road to the mainland, resulting in long drive times to employment centers in the Greater New Orleans area.
The area is a premier destination for saltwater fishing, birding, and beach activities, featuring the Grand Isle State Park and numerous private marinas.
The rental market is heavily skewed toward short-term vacation rentals, creating high seasonal vacancy pressure for long-term residential tenants.
The local economy is anchored by the tourism, hospitality, and commercial fishing sectors, with significant support from the offshore oil and gas industry.
Transportation is limited to Highway 1, which serves as the sole artery connecting the island to the mainland.
Development is strictly constrained by the island's narrow geography and environmental protection regulations.
The Jefferson Parish Assessor's Office manages property valuations, with assessments typically updated on a quadrennial cycle.
Parcels are subject to Jefferson Parish levee district taxes and local utility service fees.
Property insurance is a critical market factor, with high premiums and limited carrier availability due to extreme wind and flood risk.
Louisiana is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property disclosure form detailing known defects to the buyer.
Data retrieved from US Census Bureau ZCTA 70358 profile.
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.
- Grand Isle State Park4.42.5 mi
- Grand Isle State Park4.42.5 mi
- Elmer's Island Beach4.66.6 mi
- Elmer's Island Wildlife Refuge4.66.1 mi
- Bridge Side Cabins and Marina4.63.9 mi
- Grand Isle Marina4.62.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features fishing piers, camping, and beach access.
Major hub for recreational and charter fishing vessels.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.