Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$97,826+7.0% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 10% have cut their price
Income needed to buy, per year$21,207About 0.5× the local median income ($45,435): affordable for a typical household
Days on market86 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.5%Zillow expects prices to rise slightly
The typical home in Morehouse Parish, LA is worth $97,826, up 7.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $134,260, so the area is 27.1% undervalued. It is a seller's market: homes take about 86 days to sell, listings are down 16% from a year ago, 10% of listings have had a price cut. Zillow expects prices to rise about 1.5% over the next year. A household needs about $21,207 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 $45,435. In the latest IRS figures, 270 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
$97,826
Change in 1 year
+7.0%
Overvalued %
−27.1%
Show 7 more
Fair home value
$134,260
Change in 5 years
+0.5%
Zillow forecast, next 12 months
+1.5%
Home value to income
2.2×
Monthly mortgage payment (20% down)
$530
Income needed to afford it
$21,207
Property tax rate
0.45%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$892
Market activity
Listings vs a year ago
−15.6%
Days on market
86
Listings with a price cut
9.6%
Show 3 more
Homes for sale
54
Pending sales per 100 listings
33
Asking price per sq ft
$84
People and jobs
Median household income
$45,435
Population change (1 year)
−0.9%
Unemployment rate
9.4%
Show 4 more
Population
23,705
Income adjusted for cost of living
$54,348
Net moves in (IRS)
−270
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
3.2
FEMA hazard risk score (0 to 100)
55.3
Flood risk score
59.4
Show 3 more
Wildfire risk score
48.3
Walkability (1 to 20)
5.2
Road, rail and air noise
52 dB
Questions people ask
Is Morehouse Parish, LA overvalued?
Home prices in Morehouse Parish, LA are well below what local incomes have historically supported: fair value is about $134,260, so the area is 27.1% undervalued.
Is Morehouse Parish, LA a buyer's or seller's market?
Morehouse Parish, LA is a seller's market: homes take about 86 days to sell, listings are down 16% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Morehouse Parish, LA?
Home values in Morehouse Parish, LA are up 7.0% over the last year. Zillow's forecast for the next 12 months is +1.5%.
How much do you need to earn to buy a home in Morehouse Parish, LA?
A household needs about $21,207 a year to afford the typical home in Morehouse Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $45,435.