Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$181,215+2.6% YoY · prices are rising
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 23% have cut their price
Income needed to buy, per year$39,284About 0.7× the local median income ($59,701): affordable for a typical household
Days on market53 daysFaster than a year ago: sellers have the edge
Next 12 months+1.5%Zillow expects prices to rise slightly
The typical home in Ouachita Parish, LA is worth $181,215, up 2.6% from a year ago. That is well below what local incomes have historically supported: fair value is about $212,320, so the area is 14.7% undervalued. It is a balanced market, leaning toward sellers: homes take about 53 days to sell, listings are down 34% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 1.5% over the next year. A household needs about $39,284 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 $59,701. Typical rent is $1,202 a month, or $1,320 for a house. In the latest IRS figures, 460 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
$181,215
Change in 1 year
+2.6%
Overvalued %
−14.7%
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Fair home value
$212,320
Change in 5 years
+12.9%
Zillow forecast, next 12 months
+1.5%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$982
Income needed to afford it
$39,284
Property tax rate
0.54%
Rent and investing
Typical rent
$1,202
Typical rent for houses
$1,320
Price-to-rent ratio
12.6×
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HUD Fair Market Rent, 2 bedrooms
$1,017
Gross rental yield
7.96%
Cap rate (estimate)
5.18%
Market activity
Listings vs a year ago
−34.3%
Days on market
53
Listings with a price cut
22.6%
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Homes for sale
226
Pending sales per 100 listings
52
Asking price per sq ft
$142
People and jobs
Median household income
$59,701
Population change (1 year)
−0.1%
Unemployment rate
6.5%
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Population
158,542
Income adjusted for cost of living
$71,413
Net moves in (IRS)
−460
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
87.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
87.1
Wildfire risk score
56.2
Walkability (1 to 20)
6.5
Road, rail and air noise
53 dB
Questions people ask
Is Ouachita Parish, LA overvalued?
Home prices in Ouachita Parish, LA are well below what local incomes have historically supported: fair value is about $212,320, so the area is 14.7% undervalued.
Is Ouachita Parish, LA a buyer's or seller's market?
Ouachita Parish, LA is a balanced market, leaning toward sellers: homes take about 53 days to sell, listings are down 34% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Ouachita Parish, LA?
Home values in Ouachita Parish, LA are up 2.6% 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 Ouachita Parish, LA?
A household needs about $39,284 a year to afford the typical home in Ouachita Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,701.