The story of this market
The typical home in ZIP 70582 sells for about $158,000, or $105 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $855 a month.
ZIP 70582 — St. Martinville
The 70582 market is characterized by high vacancy rates and modest price growth, reflecting a challenging environment for generalist investors. While the median price remains affordable at $158,000, the market faces pressure from limited economic growth and a high renter cost-burden. Current conditions suggest a stable but slow-moving market that requires specialized local knowledge.
This area is best suited for budget-conscious local buyers and investors who specialize in high-vacancy, lower-price-point markets.
Median prices moved down 1.2% year over year.
Homes spend a median of 49 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 21.0% — a mixed stability 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 2.6%/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 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 70582, St. Martin 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.
The area is subject to regional flood risks common to the Teche region and requires careful insurance assessment for wind and water coverage.
Economic momentum is modest, with local development focused on small-scale residential and community infrastructure rather than large-scale corporate expansion.
Property taxes are assessed at the parish level in St. Martin Parish, with millage rates applied to the assessed value of residential property.
Commuting primarily involves personal vehicle travel via state highways toward the Lafayette employment core.
Local amenities include proximity to the Bayou Teche for outdoor recreation and historic sites within the St. Martinville city center.
The rental market exhibits high vacancy pressure and relies heavily on HUD fair-market rent benchmarks due to limited private-market data.
The local economy is driven by agriculture, regional services, and proximity to the broader Lafayette industrial and energy sector.
Transportation is dominated by private vehicle use with limited public transit infrastructure.
Development is currently limited to small-scale residential infill projects.
The St. Martin Parish Assessor manages property valuations for the jurisdiction.
Parcels are subject to St. Martin Parish school and local municipal tax districts.
Property insurance premiums are influenced by regional flood zone designations and wind-storm risk profiles.
Data retrieved from Census Reporter and QuickFacts for St. Martinville urban area and parish.
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.
- Camp Margaritaville RV Resort Breaux Bridge4.49.3 mi
- Surge Entertainment by Drew Brees4.112.6 mi
- Kart Ranch4.512.2 mi
- Elevation Station4.59.5 mi
- Sky Zone Trampoline Park4.416.3 mi
- CAJUNDOME & Convention Center4.514.7 mi
- Camp Margaritaville RV Resort Breaux Bridge4.49.3 mi
- Cajun Field4.615 mi
- Vermilionville Historic Village4.712.2 mi
- LARC's Acadian Village4.518 mi
- Zoosiana4.310.2 mi
- Vermilionville Historic Village4.712.2 mi
- Cajun Country Swamp Tours4.97 mi
- Surge Entertainment by Drew Brees4.112.6 mi
- Kart Ranch4.512.2 mi
- Vermilionville Historic Village4.712.2 mi
- LARC's Acadian Village4.518 mi
- Acadiana Park Nature Station4.712.4 mi
- Children's Museum of Acadiana4.613.6 mi
- Lafayette Science Museum4.213.6 mi
- Broussard Sports Complex at Saint Julien Park4.68.8 mi
- Acadiana Park Nature Station4.712.4 mi
- Parc Hardy4.49.1 mi
- Saint Julien Park4.89.1 mi
- Beaver Park4.312.2 mi
- Surge Entertainment by Drew Brees4.112.6 mi
- Les Vieux Chenes Golf Course412.6 mi
- CT-USA Restaurant & Market4.39.3 mi
- Albertsons4.410 mi
- Fruit Stand4.39.4 mi
- Dollar General4.213 mi
- Lafayette Regional Airport4.411.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic waterway providing recreational boating and fishing access.
Features historic architecture and local heritage sites.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.