The story of this market
The typical home in ZIP 70515 sells for about $185,000, or $118 per square foot.
Prices are up +2.4% 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 $909 a month.
ZIP 70515 — Basile
The housing market in 70515 remains stable with low inventory and modest price appreciation. Demand is driven by local residents, while the lack of new development keeps the market balanced but slow-moving. Economic conditions are tied to regional agricultural cycles, resulting in steady but limited growth.
This ZIP is best suited for long-term residents, families with deep local ties, and those seeking a quiet, low-cost-of-living rural environment. It is less ideal for commuters seeking proximity to major urban employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.1 months of supply — a fast-moving 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 7.7% · poverty 17.7% — 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 4.5%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 70515, Louisiana
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 the Basile area are generally lower than the national average, though property crime remains the most frequently reported incident type. Regional comparisons suggest a stable environment typical of small-town rural Louisiana.
Schools serving the 70515 area are part of the Evangeline Parish School District, which generally faces challenges with state-level performance metrics and resource allocation. Local educational outcomes are often cited as a primary area for community development focus.
The region is situated in a low-lying area of Southwest Louisiana, making flood risk a primary concern for property owners. Insurance premiums are heavily influenced by flood zone designations and the necessity for specialized coverage.
Economic momentum is modest, driven primarily by local agriculture, small-scale retail, and regional service industries. Infrastructure development is focused on maintaining rural connectivity rather than large-scale commercial expansion.
Property taxes are assessed by Evangeline Parish based on fair market value, with homestead exemptions available for primary residences. The jurisdiction utilizes a standard millage rate structure common to rural Louisiana parishes.
Residents typically rely on personal vehicles for commutes, with travel times to larger employment hubs like Lafayette or Lake Charles often exceeding 45-60 minutes. Public transit options are not available.
Recreational opportunities are centered on local community parks and proximity to rural outdoor activities like fishing and hunting. Shopping and dining options are limited to local establishments within the immediate Basile area.
The rental market is characterized by low turnover and a limited supply of multi-family housing. Demand is primarily driven by local workforce needs, with minimal short-term rental activity.
The local economy is heavily reliant on the agricultural sector, including rice and crawfish farming, alongside small-scale retail and public sector employment. Economic growth is stable but lacks significant industrial diversification.
Development activity is currently limited to small-scale residential improvements and maintenance of existing infrastructure.
Parcels are subject to standard parish-level school and fire protection district taxes.
Property insurance markets are tightening due to regional flood and wind risk, leading to rising premiums for homeowners.
Data retrieved from data.census.gov ZCTA 70515 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.
- Lakeview Park & Beach4.69.1 mi
- Mr Gatti's Pizza4.27.2 mi
- Mr Gatti's Pizza4.218 mi
- Mr Gatti's Pizza4.27.2 mi
- The Queen Cinema4.38.5 mi
- Westgate Shopping Center4.27.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community space for outdoor recreation and gatherings.
Community resource and information center.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.