Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$150,771+12.0% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 0% have cut their price
Income needed to buy, per year$32,684About 0.7× the local median income ($49,844): affordable for a typical household
Days on market117 daysSlower than a year ago: buyers have time to negotiate
The typical home in Red River Parish, LA is worth $150,771, up 12.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $198,113, so the area is 23.9% undervalued. It is a balanced market, leaning toward buyers: homes take about 117 days to sell, listings are up 50% from a year ago, 0% of listings have had a price cut. A household needs about $32,684 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 $49,844. In the latest IRS figures, 120 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
$150,771
Change in 1 year
+12.0%
Overvalued %
−23.9%
Show 6 more
Fair home value
$198,113
Change in 5 years
−1.1%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$817
Income needed to afford it
$32,684
Property tax rate
0.42%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$929
Market activity
Listings vs a year ago
+50.0%
Days on market
117
Listings with a price cut
0.0%
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Homes for sale
12
Pending sales per 100 listings
8
Asking price per sq ft
$100
People and jobs
Median household income
$49,844
Population change (1 year)
−1.1%
Unemployment rate
3.6%
Show 4 more
Population
7,165
Income adjusted for cost of living
$60,417
Net moves in (IRS)
−120
Cost of living (US = 100)
82.5
Schools, risk and environment
School rating (1 to 10)
3.8
FEMA hazard risk score (0 to 100)
16.7
Flood risk score
17.9
Show 3 more
Wildfire risk score
17.1
Walkability (1 to 20)
5.1
Road, rail and air noise
54 dB
Questions people ask
Is Red River Parish, LA overvalued?
Home prices in Red River Parish, LA are well below what local incomes have historically supported: fair value is about $198,113, so the area is 23.9% undervalued.
Is Red River Parish, LA a buyer's or seller's market?
Red River Parish, LA is a balanced market, leaning toward buyers: homes take about 117 days to sell, listings are up 50% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Red River Parish, LA?
Home values in Red River Parish, LA are up 12.0% over the last year.
How much do you need to earn to buy a home in Red River Parish, LA?
A household needs about $32,684 a year to afford the typical home in Red River Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $49,844.