I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Louisiana
💡 Key Louisiana housing market facts
| Data Point | Value | Rank | Compared to National Avg |
| Typical Home Value | $194,308[1] | #48 of 50 states | 45.1% lower |
| Median Listing Price | $279,000[2] | #47 of 50 states | 36.2% lower |
| Median Sale Price | $249,500[3] | #42 of 50 states | 36% lower |
| 30 Year Mortgage Rate | 7.02%[4] | #29 of 50 states | 0.6% higher |
| Median Days on Market | 68[5] | #47 of 50 states | 36.2% longer |
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🗺️ Buying a house in the Louisiana real estate market
Louisiana has an affordability score of 4.9, meaning it takes 4.9 years of the median household income ($50,800) to afford Louisiana's median home sale price ($249,500). Because of this, we rank Louisiana as the 16th most affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to National Avg |
| Median Sale Price | $249,500[6] | #42 of 50 states | 36% lower |
| 30 Year Mortgage Rate | 7.02%[7] | #29 of 50 states | 0.6% higher |
| Median Household Income | $50,800[8] | #47 of 50 states | 21.3% lower |
| Affordability Ratio | 4.9 | #16 of 50 states | 17.9% lower |
| Buyers Agent Commission | 2.67%[9] | #25 of 50 states | 0.2% lower |
Resources for Louisiana home buyers
Preparing to buy in Louisiana
Louisiana home buying costs
🗺️ Selling a house in the Louisiana real estate market
According to our detailed survey of Louisiana real estate agents, listing agents (those representing the seller) charge an average commission in Louisiana of 2.89%, which is the 21st highest in the United States. Buyers' agents charge an average commission of 2.67%, which is the 25th lowest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $279,000[10] | #47 of 50 states | 36.2% lower |
| Median Sale Price | $249,500[11] | #42 of 50 states | 36% lower |
| Median Days on Market | 68[12] | #47 of 50 states | 36.2% longer |
| Buyer's Agent Commission | 2.67%[13] | #25 of 50 states | 0.2% lower |
| Listing Agent Commission | 2.89%[14] | #30 of 50 states | 1.2% higher |
Resources for Louisiana home sellers
Preparing to sell in Louisiana
- Average Time to Sell a House in Louisiana
- When Is the Best Time to Sell a House in Louisiana?
- Top Real Estate Agents in Louisiana
Louisiana home selling costs and requirements
Moving to Louisiana
According to our recent moving trends survey[15], 7% of Americans indicated that they would choose to move to Louisiana if money were no object. Likewise, 10% of survey respondents indicated that they would move to New Orleans among a choice of America's largest cities. Among medium-sized cities, 12% indicated that they would move to Baton Rouge.
Here's how Louisiana cities rank in a number of our research studies.
| Study | Best Louisiana city | Rank |
| Best Pizza Cities[16] | New Orleans | 29th best |
| Best Coffee Cities[17] | New Orleans | 11th best |
| Best LGBTQ Cities[18] | New Orleans | 10th best |
| Best Bike Cities[19] | New Orleans | 30th best |
| Best Commuter Cities[20] | New Orleans | 39th best |