Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$157,531+5.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$34,149About 0.6× the local median income ($54,865): affordable for a typical household
Days on market108 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 Union Parish, LA is worth $157,531, up 5.5% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $167,159, so the area is 5.8% undervalued. It is a balanced market, leaning toward sellers: homes take about 108 days to sell, listings are down 16% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 1.5% over the next year. A household needs about $34,149 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 $54,865. In the latest IRS figures, 7 more people moved in than out.
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
$157,531
Change in 1 year
+5.5%
Overvalued %
−5.8%
Show 7 more
Fair home value
$167,159
Change in 5 years
+13.9%
Zillow forecast, next 12 months
+1.5%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$854
Income needed to afford it
$34,149
Property tax rate
0.46%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,017
Market activity
Listings vs a year ago
−16.3%
Days on market
108
Listings with a price cut
19.1%
Show 3 more
Homes for sale
41
Pending sales per 100 listings
20
Asking price per sq ft
$124
People and jobs
Median household income
$54,865
Population change (1 year)
−1.0%
Unemployment rate
5.1%
Show 4 more
Population
20,561
Income adjusted for cost of living
$65,628
Net moves in (IRS)
+7
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
5.9
FEMA hazard risk score (0 to 100)
49.7
Flood risk score
57.8
Show 3 more
Wildfire risk score
44.9
Walkability (1 to 20)
4.6
Road, rail and air noise
54 dB
Questions people ask
Is Union Parish, LA overvalued?
Home prices in Union Parish, LA are slightly below what local incomes have historically supported: fair value is about $167,159, so the area is 5.8% undervalued.
Is Union Parish, LA a buyer's or seller's market?
Union Parish, LA is a balanced market, leaning toward sellers: homes take about 108 days to sell, listings are down 16% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Union Parish, LA?
Home values in Union Parish, LA are up 5.5% 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 Union Parish, LA?
A household needs about $34,149 a year to afford the typical home in Union Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $54,865.