What to know before you move: cost, market timing, who it fits.
If you're considering a move to Opelousas, LA, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Opelousas is a city in St. Landry Parish, Louisiana, with an estimated population of 15,176. The population has contracted 1.0% per year on average since 2020. The median home value in Opelousas is $127,115 as of 2026-04, down 7.9% over the last 12 months. Over the last five years, home values have averaged -4.3% annual growth, and the market currently sits about 22% below its 5-year peak. Rents in Opelousas average $1,012 per month. The composite momentum score is 18 of 100 (Declining). The market is well off recent highs — patient long-term buyers may find opportunities, but resale liquidity is reduced.
Prices well off recent highs (-22.3% from peak, -7.9% YoY). Patient long-term buyers may find opportunities, but resale liquidity is reduced.
Reasons people move here
- Cheap entry point: $127,115 median home is well below the US median of $355k — room to grow without overpaying.
- The data is the data: Opelousas has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- Prices actively falling: down 7.9% in the last 12 months — buyer sentiment has flipped. Sellers competing on price.
- 22% off the 5-year peak. That's not a healthy correction — that's a market that ran too far and is still digesting.
- Flat or shrinking population: -1.0% per year. Housing demand has to come from somewhere — verify the source.
- Stagnant long-run trend: -2.1% 10-year CAGR plus flat population — appreciation case is weak.
More about Opelousas
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.