Houma, LA
Commercial Real Estate Market Trends & Data

$138 Avg asking sale price
$735 Avg asking lease rate
16,052 SF Avg unit lease size
19,051 SF Avg building size for sale
7.33% Average cap rate

Houma's Demographic Profile

Houma has 12,295 households and a median income of $52,246, providing context for rent absorption and tenant demand across retail and multifamily assets. A -5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 31,086
# Households 12,295
Median age 41
Median household income $52,246
Avg household size 3.0
Renter-occupied housing units 4,753
5-year population change -5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Houma, LA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Houma $107 6,567 SF 8.25%
Gray $280 42,063 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Houma $61 9,250 SF
Montegut $176 9,100 SF
Raceland $77 7,231 SF
Larose $136 8,433 SF
Lutcher $44 16,800 SF

Commercial Properties For Sale in Houma

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Stabilized Apartments with Recent Upgrades

Houma, LA 70360

  • 159,626 SF Multifamily
  • Auction Sale
For Sale

High Visibility Also Available for Lease

Houma, LA 70360

  • 11,624 SF Retail Building
  • $650,000
For Sale

Motel 6 Houma, LA

Houma, LA 70363

  • 22,730 SF Hospitality
  • $1,950,000
For Sale

709 W Tunnel Blvd

Houma, LA 70360

  • 2,531 SF Retail Building
  • 6.25% Cap Rate
  • $1,848,544
For Sale

179 Enterprise Dr

Houma, LA 70360

  • 3,461 SF Office Building
  • $549,000
For Sale

Circle the Wagons

Houma, LA 70360

  • 12,500 SF Industrial Building
  • 8.25% Cap Rate
  • $1,527,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Houma pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Houma $138 19,051 SF
Gray $198 42,063 SF
Schriever $139 66,751 SF
Montegut $176 9,100 SF
Raceland $77 7,231 SF

Regional Demographic Comparison

This comparison places Houma alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Houma or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Houma 31,086 12,295 41 $52,246 3 4,753 -5%
Gray 5,017 1,856 39 $57,043 3 536 -4%
Schriever 6,283 2,422 38 $64,342 3 742 -6%
Montegut 1,327 465 40 $55,793 3 104 -4%
Raceland 9,316 3,597 44 $47,620 3 823 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Houma, LA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Houma

View All Commercial Real Estate For Sale in Houma
Is Houma a good market for a first-time commercial real estate investor?

Houma offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Houma?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Houma. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Houma?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Houma. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Houma compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Houma. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Houma acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Houma, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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