The story of this market
The typical home in ZIP 70434 sells for about $235,000, or $138 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 70434 — Covington
The housing market in 70434 remains stable with modest price appreciation and low inventory levels. Demand is driven by local families and those seeking affordability, though limited new construction keeps supply tight. Market conditions are currently balanced, reflecting broader regional trends.
This ZIP is well-suited for families and long-term residents seeking an affordable, quiet, rural-suburban lifestyle with proximity to regional employment centers.
Median prices moved up 2.2% year over year.
Homes spend a median of 62 days on market with 3.4 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 14.0% — a stable, low-distress profile.
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 5.5%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 70434, Tangipahoa Parish, LA
Crime rates in this area are generally lower than the state average, with property crime being the primary concern; trends remain stable.
Schools serving this ZIP are part of the local parish district, generally characterized as meeting state standards with moderate performance metrics.
The area is subject to flood risk associated with regional bayous and requires standard flood insurance; wildfire risk is minimal.
Economic momentum is driven by local agriculture, forestry, and small-scale manufacturing, with steady but slow infrastructure development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Commutes are primarily car-dependent, with residents traveling to nearby regional employment hubs via state highways.
Local amenities include community parks, access to regional fishing and hunting areas, and small-town retail centers.
The rental market is characterized by low turnover and a mix of single-family homes and small apartment complexes; vacancy pressure is low.
The local economy is anchored by agriculture, forestry, and local government services, with many residents commuting to larger nearby cities for professional roles.
Transportation is almost exclusively via private vehicle, with reliance on state highways for regional connectivity.
Development is largely limited to small-scale residential infill and minor commercial improvements.
The Tangipahoa Parish Assessor manages property valuations, utilizing a cyclical reassessment process.
Parcels are subject to parish-wide school, fire, and library district taxes.
Property insurance premiums are influenced by regional flood risk and wind exposure, with market availability remaining stable.
Data retrieved from US Census Bureau ZCTA-level tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Provides local recreational opportunities including fishing and boating.
Small neighborhood parks providing basic playground and picnic facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.