Real Estate Market Update for 70655 (Oberlin, LA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was stable from one year earlier, and did not change from the previous month. … indicating virtually no change in the local inventory levels. As you can see, the median listing price for the month was just over 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and held steady month-over-month. ... an indication that local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 70655 (Oberlin, LA)
Area Information for 70655 (Oberlin, LA)
  • Population: 3,054
  • Median Age: 39.94 yr
  • Median Commute Time: 16.63 mins
  • Educational Climate*: 2
  • Sales Tax: 8.7%
  • Population Density: 17/sq mi
  • Population Change Since 2000: -5.77%
  • Closest Airport: Alexandria International
  • Closest College: St Charles College Seminary
  • Closest Jr. College: Louisiana State University-eunice
  • Median Household Income: $37,337
  • Annual Residential Turnover: 4.52%
  • Median Years in Residence: 2.82 yr
  • Median Home Sales Price: $97,500
  • Closest Major Sports Team: New Orleans Zephyrs
  • Change Avg. Household Income Since 2000: 37%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 70655 (Oberlin, LA)
Median Age: 39.94 Married: 34% Number of Households: 1,194 Households with Children: 474
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 70655 (Oberlin, LA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Oberlin High School 0.7 mi Public 7-12 3 4
      Oberlin Covenant Christian School 2.0 mi Private K-12 0 0
      Oberlin Elementary School 2.0 mi Public PRESCHOOL-6 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 70655 (Oberlin, LA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.