Richland Parish, Louisiana home prices
Typical home $170,371 · +4.9% in a year · property tax 0.28%
The typical home in Richland Parish is worth $170,371, 20% less than the Louisiana typical home ($213,867). Values changed +4.9% in the past year and -0.2% over five years. Homeowners here pay a median 0.28% of their home's value in property tax each year ($481 on the typical home), versus 0.55% statewide.
Mortgage on the typical Richland Parish home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,074 | $136,296 | $917 | $0 | $125 | $1,042 | $44,700 |
| 10% down | $17,037 | $153,334 | $1,031 | $64 | $125 | $1,221 | $52,300 |
| 5% down | $8,519 | $161,852 | $1,089 | $67 | $125 | $1,282 | $54,900 |
| 3.5% down (FHA) | $5,963 | $167,285 | $1,125 | $75 | $125 | $1,326 | $56,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.28% 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.
Louisiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Saint Martin Parish | $170,804 | +2.9% | 0.44% |
| Saint Helena Parish | $168,306 | -0.8% | 0.61% |
| Rapides Parish | $172,462 | +3.9% | 0.55% |
| Vernon Parish | $166,136 | +3.7% | 0.53% |
| Grant Parish | $166,049 | +5.6% | 0.6% |
| Iberville Parish | $177,393 | +3.2% | 0.32% |
| Natchitoches Parish | $178,522 | +2.3% | 0.44% |
| Assumption Parish | $178,799 | +2.5% | 0.37% |
| Terrebonne Parish | $179,856 | -4.0% | 0.45% |
| Ouachita Parish | $181,215 | +2.6% | 0.54% |
Frequently asked questions
What is the average home price in Richland Parish, LA?
The typical home value in Richland Parish is $170,371 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Richland Parish?
About $44,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Richland Parish?
The median effective rate is 0.28% of home value a year (Census ACS 2024 5-year estimates).