{"area":{"county":"Terrebonne Parish","state":"LA","stateName":"Louisiana","slug":"terrebonne-la","metro":"Houma-Bayou Cane-Thibodaux, LA MSA"},"homeValue":{"series":[{"date":"2021-04-01","value":166745},{"date":"2021-07-01","value":172106},{"date":"2021-10-01","value":174790},{"date":"2022-01-01","value":179311},{"date":"2022-04-01","value":183174},{"date":"2022-07-01","value":187200},{"date":"2022-10-01","value":188242},{"date":"2023-01-01","value":184041},{"date":"2023-04-01","value":188848},{"date":"2023-07-01","value":190197},{"date":"2023-10-01","value":192196},{"date":"2024-01-01","value":193030},{"date":"2024-04-01","value":186672},{"date":"2024-07-01","value":189363},{"date":"2024-10-01","value":189630},{"date":"2025-01-01","value":192073},{"date":"2025-04-01","value":196359},{"date":"2025-07-01","value":191304},{"date":"2025-10-01","value":192985},{"date":"2026-01-01","value":197753},{"date":"2026-04-01","value":194822}],"latest":194822,"yoy":-0.7827499630778321,"fiveYr":16.83828600557738,"sinceStart":211.76009345345727,"modeled":true},"rent":{"series":[{"date":"2026-11-01","value":1098}],"latest":1098,"yoy":null,"fiveYr":null,"sinceStart":null,"modeled":true},"census":{"medianIncome":64836,"population":106186,"povertyRate":16.005545198145228,"medianHomeValue":187200,"medianGrossRent":1065,"medianPropertyTax":836},"hud":{"county":"Terrebonne Parish","year":"2027","perUnit":1098,"bedrooms":2,"estimated":false,"baseBedrooms":2},"crime":{"scope":"state","state":"Louisiana","period":"10-2024 to 09-2026","window":{"from":"10-2024","to":"09-2026","fellBack":false},"violentCrime":{"total":30651,"ratePer100k":331.8508618854707},"propertyCrime":{"total":120135,"ratePer100k":1300.6721898995472},"note":"State-level totals from the FBI CDE summarized offense endpoint."},"crimeVintage":{"from":"10-2024","to":"09-2026","fellBack":false},"priceToRentRatio":14.8,"ratioVerdict":"Favorable for buying — price-to-rent favors owning (modeled investor cash flow is negative, so this is owner-occupant math — it is not a claim of strong rental yield)","priceCagr":3.161794028480114,"rentCagr":3,"cashFlow":{"price":194822,"monthlyRent":1098,"grossRent":1098,"downPct":20,"ratePct":6.75,"units":1,"state":"LA","down":38964.4,"loan":155857.6,"mortgagePI":1010.8894269569033,"monthlyTax":72.571195,"taxRatePct":0.447,"taxRateSource":"Census ACS county effective rate 0.45% ($836 tax ÷ $187,200 ACS median), applied to current value","monthlyInsurance":142.86946666666668,"insuranceRatePct":0.88,"insuranceBasis":"Insurance: state-level estimate (LA avg 0.88%/yr)","insuranceHighRisk":true,"vacancyPct":5,"vacancyLoss":54.900000000000006,"egi":1043.1,"mgmtPct":10,"monthlyMgmt":109.80000000000001,"maintenancePct":5,"monthlyMaint":54.900000000000006,"capexPct":5,"monthlyCapex":54.900000000000006,"hoaMonthly":0,"monthlyHoa":0,"operatingExpenses":435.04066166666667,"noi":608.0593383333332,"totalExpenses":1445.93008862357,"cashFlow":-402.8300886235701,"annualCf":-4833.9610634828405,"cocReturn":-12.406096497014813,"capRate":3.745322427651907},"resilience":{"scenarios":[{"id":"rentDown","label":"Rent drops 10%","kind":"standard","detail":"Standard assumption","cashFlow":-485.18008862357,"delta":-82,"survives":false},{"id":"vacancy","label":"Vacancy stretches to 8%","kind":"standard","detail":"Standard assumption","cashFlow":-435.77008862357,"delta":-33,"survives":false},{"id":"insurance","label":"Insurance costs rise 25%","kind":"standard","detail":"Standard assumption","cashFlow":-438.5474552902368,"delta":-36,"survives":false},{"id":"rateReset","label":"If financed at 8.25% instead","kind":"standard","detail":"Fixed-rate comparison — the deal if you'd borrowed at a higher rate today; your actual fixed payment never resets","cashFlow":-562.8467603419406,"delta":-160,"survives":false},{"id":"historyHome","label":"Worst market shock in available history (since 1985-07-01) (home values −14.0% over 9 months)","kind":"history","detail":"History-derived proxy: worst decline found in any window of up to 12 months in the state FHFA home-value series, 1987-04-01 → 1988-01-01, applied to rent","cashFlow":-517.9050310167966,"delta":-115,"survives":false}],"survived":0,"total":5,"score":0,"worstCashFlow":-562.8467603419406,"baselineCashFlow":-402.8300886235701,"framing":"underwater","confidenceLabel":"verified","omitted":[],"note":"Each scenario re-runs the same verified cash-flow engine with one shock applied, then re-checks the cash-flow identity before display. Standard shocks are fixed assumptions; the history-derived scenario is this market's own worst observed 12-month decline. Estimates only — not a guarantee of performance."},"rentVsBuy":{"years":7,"priceCagr":3.161794028480114,"rentCagr":3,"totalRentPaid":100960.60169460291,"totalCashOutlay":160032.66959409125,"insuranceBasis":"Insurance: state-level estimate (LA avg 0.88%/yr)","homeValueAfter":242253.57798261938,"equityBuilt":100754.40097968854,"netCostOfBuying":98242.6686144027,"buyingCheaper":true,"savings":2717.9330802002078},"priceToIncome":{"ratio":3.0048429884631993,"price":194822,"medianIncome":64836,"label":"Moderate (3–5x — tighter budgets)"},"countyTaxRatePct":0.447,"countyTaxSource":"Census ACS county effective rate 0.45% ($836 tax ÷ $187,200 ACS median), applied to current value","dataCheck":{"status":"verified","checks":[{"metric":"home value (vintage update)","primary":194822,"secondary":187200,"primarySource":"current estimate (ACS county median × FHFA metro HPI growth)","secondarySource":"raw ACS 2023 county median (as measured ~2021)","ratio":1.04,"grade":"verified","consistent":true,"hidePoint":false},{"metric":"HUD fair market rent","primary":1098,"secondary":1065,"primarySource":"HUD FMR (county)","secondarySource":"Census ACS (county gross rent)","ratio":1.03,"grade":"verified","consistent":true,"hidePoint":false}],"confidence":{"homeValue":{"label":"verified","ratio":1.04,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":187200,"high":194822}},"rent":{"label":"verified","ratio":1.03,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":1065,"high":1098}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"note":"Every headline metric is checked against a second figure, and each check names its own basis. The rent and property-price checks pair genuinely independent datasets (HUD FMR vs Census ACS gross rent; your price vs the county estimate). The home-value check compares our current estimate (ACS county median updated by the FHFA state index) against the raw ACS 2023 median — its spread reflects price movement since the ACS measurement period (~2021), not disagreement between unrelated sources. 'Verified' means the two figures agree within 15%; 'Cross-checked' means they diverge more than 15%; 'Divergent' flags a >2x difference. A spread beyond 35% is too wide to defend a single point — the headline shows the source range instead, flagged 'sources disagree'."},"integrity":{"status":"pass","checks":[{"name":"home value freshness","status":"pass","detail":"latest 2026-04-01 (227d old — current for quarterly cadence)"},{"name":"home value card↔chart","status":"pass","detail":"card matches chart"},{"name":"home value growth window","status":"pass","detail":"growth matches the 5.0yr available window"},{"name":"rent freshness","status":"pass","detail":"latest 2026-11-01 (13d old — current for monthly cadence)"},{"name":"rent card↔chart","status":"pass","detail":"card matches chart"},{"name":"cash flow identity","status":"pass","detail":"NOI − P&I = cash flow"},{"name":"cash-on-cash","status":"pass","detail":"annual CF ÷ down matches"},{"name":"cap rate","status":"pass","detail":"NOI×12 ÷ price matches"},{"name":"price-to-rent","status":"pass","detail":"price ÷ (rent×12) matches"},{"name":"income plausibility","status":"pass","detail":"within expected range"},{"name":"price-to-income","status":"pass","detail":"price ÷ income matches"},{"name":"buy-vs-rent: home value at term","status":"pass","detail":"compounds at 3.2%/yr"},{"name":"buy-vs-rent: total rent paid","status":"pass","detail":"geometric series matches"},{"name":"buy-vs-rent: equity built","status":"pass","detail":"home value − loan balance matches"},{"name":"buy-vs-rent: net cost","status":"pass","detail":"outlay − equity gain matches"},{"name":"buy-vs-rent: savings & verdict","status":"pass","detail":"savings = rent − net cost, verdict matches"}],"summary":"16/16 verified","freshness":{"homeValue":{"date":"2026-04-01","ageDays":227,"cadence":"quarterly","current":true},"rent":{"date":"2026-11-01","ageDays":13,"cadence":"monthly","current":true}}},"confidence":{"homeValue":{"label":"verified","ratio":1.04,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":187200,"high":194822}},"rent":{"label":"verified","ratio":1.03,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":1065,"high":1098}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"verdict":"Terrebonne Parish, LA leans favorable for buying: a price-to-rent ratio of 14.8 favors owning at the median, and modeled investor cash flow is negative, so this is owner-occupant math — not a claim of strong rental yield.","faqs":[{"q":"Is Terrebonne Parish, LA a good rental market?","a":"For owning at the median, yes — Terrebonne Parish's price-to-rent ratio of 14.8 is in the favorable range, but modeled investor cash flow is negative, so it is not a claim of strong rental yield."},{"q":"What is the median home value in Terrebonne Parish?","a":"The typical home value in Terrebonne Parish is about $194,822 (county-level, Census ACS & FHFA metro HPI), down 0.8% year-over-year, and up 16.8% over five years."},{"q":"What is the median rent in Terrebonne Parish?","a":"The typical rent in Terrebonne Parish is about $1,098/mo (county-level, HUD 2-bedroom benchmark bridged from Census ACS gross rent), a current modeled estimate."},{"q":"Is it cheaper to rent or buy in Terrebonne Parish?","a":"Over a 7-year horizon, buying is cheaper in Terrebonne Parish — roughly $2,718 ahead of renting, with about $100,754 in equity built."},{"q":"Is Terrebonne Parish affordable for homebuyers?","a":"Terrebonne Parish's median home value is 3.0x the local median household income — Moderate (3–5x — tighter budgets)."},{"q":"What is the property tax rate in Terrebonne Parish?","a":"Terrebonne Parish's effective property tax rate is about 0.45% of home value (Census ACS county effective rate 0.45% ($836 tax ÷ $187,200 ACS median), applied to current value), which on a $194,822 median home is roughly $73/mo."}],"takeaways":["The median home value in Terrebonne Parish, LA was $194,822 as of April 2026, down 0.8% year over year (FHFA HPI applied to the Census ACS county median).","The typical market rent in Terrebonne Parish, LA was $1,098/mo as of November 2026, a current modeled estimate (HUD Fair Market Rent, FY2027, bridged from Census ACS gross rent).","Terrebonne Parish, LA has a price-to-rent ratio of 14.8 — a reading that favors owning (owner-occupant math — not automatically strong investor cash flow). (Computed by Areal from the figures above.)"],"citationSources":[{"name":"U.S. Census Bureau — ACS ACS 2024 5-year estimates","url":"https://www.census.gov/programs-surveys/acs/"},{"name":"FHFA House Price Index","url":"https://www.fhfa.gov/data/hpi"},{"name":"HUD Fair Market Rent","url":"https://www.huduser.gov/portal/datasets/fmr.html"},{"name":"FBI Crime Data Explorer","url":"https://cde.ucr.cjis.gov/"}],"jsonApi":{"function":"getCountyReport","query":"slug=terrebonne-la","url":"https://areal.studio/functions/getCountyReport?slug=terrebonne-la"},"assumptions":{"downPct":20,"ratePct":6.75,"years":7},"dataVintage":{"pulledAt":"2026-11-14T11:44:29.956Z","homeValueBasis":"FHFA metro HPI (quarterly, Houma-Bayou Cane-Thibodaux, LA MSA) × ACS county anchor","rentBasis":"HUD county FMR — flat current estimate (modeled, no public trend)","zhviThrough":null,"zoriThrough":null,"fhfaHpiThrough":"2026-04-01","hpiLevel":"metro","hpiMetro":"Houma-Bayou Cane-Thibodaux, LA MSA","acsVintage":"ACS 2024 5-year estimates","acsVintageMisses":[],"hudFy":"2027","safmrFy":null},"zipAnchors":{"homeValueTier":"county-fhfa-acs","rentTier":"county-acs-hud","zhvi":null,"zori":null,"safmr":null,"countyHomeEstimate":194822,"countyFmr":1098,"countyRatio":null,"hpiLevel":"metro","hpiMetro":"Houma-Bayou Cane-Thibodaux, LA MSA"},"links":{"stateDir":"LA","stateName":"Louisiana","cityPages":[],"zips":[]},"sources":["Census ACS 5-year","FHFA HPI","HUD Fair Market Rent","FBI CDE (state-level context)"]}