Houma, LA home prices
Typical home $180,980 · -2.5% in a year · income needed $48,500
The Houma, LA metro area ranks 713 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -2.5% in a year and -13.9% over five years. With 20% down at 7.11%, the typical home costs about $1,132 a month including 0.45% property tax (Terrebonne Parish rate).
Mortgage on the typical Houma home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $36,196 | $144,784 | $974 | $0 | $158 | $1,132 | $48,500 |
| 10% down | $18,098 | $162,882 | $1,096 | $68 | $158 | $1,321 | $56,600 |
| 5% down | $9,049 | $171,931 | $1,157 | $72 | $158 | $1,386 | $59,400 |
| 3.5% down (FHA) | $6,334 | $177,702 | $1,195 | $80 | $158 | $1,433 | $61,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.45% 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.
Counties in the Houma area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Terrebonne Parish, LA | $179,856 | -4.0% | 0.45% |
| Lafourche Parish, LA | $182,170 | -0.6% | 0.54% |
What can you afford in Louisiana on your salary? · Louisiana home prices · Salaries in Louisiana
Frequently asked questions
How much is a house in Houma?
The typical home in the Houma, LA metro area is worth $180,980 (Zillow, September 2026).
What salary do you need to buy a house in Houma?
About $48,500 a year for the typical home with 20% down at 7.11%.