Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$151,157+4.9% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$32,768About 0.6× the local median income ($53,110): affordable for a typical household
Days on market74 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly
The typical home in Caddo Parish, LA is worth $151,157, up 4.9% from a year ago. That is well below what local incomes have historically supported: fair value is about $175,231, so the area is 13.7% undervalued. It is a seller's market: homes take about 74 days to sell, listings are down 10% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $32,768 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,110. Typical rent is $1,118 a month, or $1,202 for a house. In the latest IRS figures, 1,977 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$151,157
Change in 1 year
+4.9%
Overvalued %
−13.7%
Show 7 more
Fair home value
$175,231
Change in 5 years
+10.7%
Zillow forecast, next 12 months
+2.5%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$819
Income needed to afford it
$32,768
Property tax rate
0.62%
Rent and investing
Typical rent
$1,118
Typical rent for houses
$1,202
Price-to-rent ratio
11.3×
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HUD Fair Market Rent, 2 bedrooms
$1,045
Gross rental yield
8.87%
Cap rate (estimate)
5.77%
Market activity
Listings vs a year ago
−9.9%
Days on market
74
Listings with a price cut
18.1%
Show 3 more
Homes for sale
869
Pending sales per 100 listings
36
Asking price per sq ft
$111
People and jobs
Median household income
$53,110
Population change (1 year)
−0.5%
Unemployment rate
8.7%
Show 4 more
Population
224,226
Income adjusted for cost of living
$62,630
Net moves in (IRS)
−1,977
Cost of living (US = 100)
84.8
Schools, risk and environment
School rating (1 to 10)
4.3
FEMA hazard risk score (0 to 100)
92.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
92.0
Wildfire risk score
62.8
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is Caddo Parish, LA overvalued?
Home prices in Caddo Parish, LA are well below what local incomes have historically supported: fair value is about $175,231, so the area is 13.7% undervalued.
Is Caddo Parish, LA a buyer's or seller's market?
Caddo Parish, LA is a seller's market: homes take about 74 days to sell, listings are down 10% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Caddo Parish, LA?
Home values in Caddo Parish, LA are up 4.9% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Caddo Parish, LA?
A household needs about $32,768 a year to afford the typical home in Caddo Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,110.