Louisiana Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Louisiana?
The Louisiana housing market is showing balanced conditions.
home values have been essentially flat (-0.4%) over the past year. there are currently 954 homes on the market.
Median Home Value
$206,946
Zillow Home Value Index
Year-over-Year
-0.4%
Home value change
5-Year Change
+2.9%
Since 2021
Median Rent
$1,227/mo
Zillow Observed Rent Index
Active Listings
954
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Louisiana vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Louisiana: $1,227/mo (+4.3% YoY)
Rent vs. Buy Analysis
With a median home value of $206,946 and average rent of $1,227/mo, the price-to-rent ratio in Louisiana is 14.1. A ratio under 15 generally favors buying.
Run Full Rent vs. Buy CalculatorTop Markets in Louisiana
Explore housing data for 12 metro areas in Louisiana. Click any market for detailed trends and analysis.
New Orleans, LA
$252,746
Avg rent: $1,568/mo
Baton Rouge, LA
$240,357
Avg rent: $1,353/mo
Hammond, LA
$217,033
Avg rent: $1,242/mo
Ruston, LA
$213,693
Avg rent: $1,089/mo
Lafayette, LA
$193,903
Avg rent: $1,373/mo
Lake Charles, LA
$190,109
Avg rent: $1,140/mo
DeRidder, LA
$182,764
Avg rent: $1,239/mo
Houma, LA
$175,026
Avg rent: $1,278/mo
Shreveport, LA
$171,182
Avg rent: $1,246/mo
Natchitoches, LA
$165,545
Alexandria, LA
$159,264
Avg rent: $1,154/mo
Monroe, LA
$156,759
Avg rent: $1,137/mo
Continue Learning About Louisiana
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.