HousingHandbookReference data

U.S. ZIP Code · LA70397

Terrebonne Parish · Houma-Bayou Cane-Thibodaux, LA

Typical home value

$156,134[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-6.8%
5-year / yr
-2.9%
10-year / yr
-0.4%

Relative price

vs U.S.
-45.0%
vs metro
-4.5%
vs state
-14.1%
ZIP 70397 location in LA
Location of ZIP 70397 in LA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 70397 is worth $156,134 — 4.5% below the Houma-Bayou Cane-Thibodaux, LA median. Over the past year, values have fallen 6.8%. The effective property tax rate is 0.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.3%[3]
Typical annual tax
$462[3]

#Climate risk

FEMA National Risk Index ratings for Terrebonne Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively High
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
971[3]
Median household income
$115,455[3]

#Migration

Household moves in and out of Terrebonne Parish over a year, from IRS tax-return data.

Net migration
-420[5]
Moved in
1,897
Moved out
2,317

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$789
Loan principal$124,907
Down payment$31,227
Total interest paid$159,312

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$959
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
53rd percentile[1]
Rental yield
[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 70397?
The typical home in 70397 is worth $156,134, based on the Zillow Home Value Index.
Are home values rising in 70397?
Home values in 70397 are down 6.8% over the past year, and down 2.9% a year over five years.
What is the property tax rate in 70397?
The effective property tax rate in 70397 is 0.3% — roughly $462 a year on a typical home.
Who lives in 70397?
ZIP code 70397 has a population of 971 and a median household income of $115,455.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Larose CDP, LA

    Typical home
    $143,157
    Gross yield
  • Lockport, LA

    Typical home
    $170,881
    Gross yield
  • Cut Off CDP, LA

    Typical home
    $139,981
    Gross yield
  • Raceland CDP, LA

    Typical home
    $179,134
    Gross yield
  • Houma, LA

    Typical home
    $127,543
    Gross yield
    9.6%
  • Bayou Blue CDP, LA

    Typical home
    $186,923
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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