Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$80,150−14.5% YoY · prices are falling fast
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$17,375About 0.4× the local median income ($39,406): affordable for a typical household
Days on market99 daysFaster than a year ago: sellers have the edge
The typical home in Madison Parish, LA is worth $80,150, down 14.5% from a year ago. It is a balanced market, leaning toward buyers: homes take about 99 days to sell, listings are down 18% from a year ago, 0% of listings have had a price cut. A household needs about $17,375 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 $39,406. In the latest IRS figures, 157 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
$80,150
Change in 1 year
−14.5%
Home value to income
2.0×
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Monthly mortgage payment (20% down)
$434
Income needed to afford it
$17,375
Property tax rate
0.33%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$892
Market activity
Listings vs a year ago
−17.6%
Days on market
99
Listings with a price cut
0.0%
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Homes for sale
14
Pending sales per 100 listings
7
Asking price per sq ft
$88
People and jobs
Median household income
$39,406
Population change (1 year)
−2.6%
Unemployment rate
5.5%
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Population
8,844
Income adjusted for cost of living
$47,765
Net moves in (IRS)
−157
Cost of living (US = 100)
82.5
Schools, risk and environment
School rating (1 to 10)
1.4
FEMA hazard risk score (0 to 100)
32.4
Flood risk score
18.0
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Wildfire risk score
4.9
Walkability (1 to 20)
7.1
Road, rail and air noise
52 dB
Questions people ask
Is Madison Parish, LA a buyer's or seller's market?
Madison Parish, LA is a balanced market, leaning toward buyers: homes take about 99 days to sell, listings are down 18% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Madison Parish, LA?
Home values in Madison Parish, LA are down 14.5% over the last year.
How much do you need to earn to buy a home in Madison Parish, LA?
A household needs about $17,375 a year to afford the typical home in Madison Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $39,406.