Ouachita Parish, Louisiana home prices
Typical home $181,215 · +2.6% in a year · property tax 0.54%
The typical home in Ouachita Parish is worth $181,215, 15% less than the Louisiana typical home ($213,867). Values changed +2.6% in the past year and +12.9% over five years. Homeowners here pay a median 0.54% of their home's value in property tax each year ($983 on the typical home), versus 0.55% statewide.
Mortgage on the typical Ouachita Parish home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $36,243 | $144,972 | $975 | $0 | $172 | $1,148 | $49,200 |
| 10% down | $18,122 | $163,094 | $1,097 | $68 | $172 | $1,338 | $57,300 |
| 5% down | $9,061 | $172,155 | $1,158 | $72 | $172 | $1,402 | $60,100 |
| 3.5% down (FHA) | $6,343 | $177,933 | $1,197 | $80 | $172 | $1,450 | $62,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.54% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Louisiana · part of the Monroe metro area.
Louisiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lafourche Parish | $182,170 | -0.6% | 0.54% |
| Terrebonne Parish | $179,856 | -4.0% | 0.45% |
| Assumption Parish | $178,799 | +2.5% | 0.37% |
| Natchitoches Parish | $178,522 | +2.3% | 0.44% |
| Iberville Parish | $177,393 | +3.2% | 0.32% |
| Pointe Coupee Parish | $189,242 | +0.7% | 0.32% |
| Rapides Parish | $172,462 | +3.9% | 0.55% |
| Sabine Parish | $191,365 | -0.3% | 0.39% |
| Saint Martin Parish | $170,804 | +2.9% | 0.44% |
| Richland Parish | $170,371 | +4.9% | 0.28% |
Frequently asked questions
What is the average home price in Ouachita Parish, LA?
The typical home value in Ouachita Parish is $181,215 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Ouachita Parish?
About $49,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Ouachita Parish?
The median effective rate is 0.54% of home value a year (Census ACS 2024 5-year estimates).