St. Mary Parish County

A local view of the market.

The real estate market in St. Mary Parish, Louisiana, has experienced significant changes recently. As of 2024, the median home value is approximately $111,920, reflecting a 4.1% decrease over the past year. However, the median sale price of homes has increased by 22.4% compared to the previous year, reaching $150,000. St. Mary Parish includes several notable cities, with Morgan City being one of the largest. Morgan City has a population of around 11,000 residents, offering a blend of cultural and economic activities. Other significant cities include Franklin and Patterson, which contribute to the parish's diverse community and economic landscape. Living in St. Mary Parish offers a mix of rural and suburban experiences, with a strong emphasis on agriculture and fishing industries. The area is known for its rich natural resources, making it attractive for those interested in a quieter lifestyle with access to outdoor activities. The parish's economy is supported by industries such as oil and gas, agriculture, and seafood, which draw people seeking employment opportunities and a lower cost of living compared to urban areas.