Marketsโ€บLAโ€บMorehouse Parish

Morehouse Parish, LA

Data through February 2026 ยท Updated monthly

๐Ÿ”ฅ Hot Market

Homes are selling quickly with few price cuts

Avg Home Value

$85,849

โ–ผ 13.8% year-over-year

Days to Pending

--

Homes For Sale

72

Avg Rent/Month

--

The Morehouse Parish, LA housing market is showing signs of cooling. The average home value is $85,849, down 13.8% year-over-year as of February 2026. 0.1% of active listings have had a price cut.

There are currently 72 homes for sale in the county.

For homebuyers, the estimated monthly mortgage payment on a median-priced home in Morehouse Parish with 10% down is $533.

Bottom-tier homes (under the 33rd percentile) are currently valued at $36,348, making them the primary target range for investors looking at wholesale deals, fix-and-flip projects, or BRRRR strategies.

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Morehouse Parish Housing Market at a Glance

Key metrics for Morehouse Parish as of February 2026. Year-over-year changes show how the market has shifted in the last 12 months.

MetricDec 2025Jan 2026Feb 20263-Mo Change
Avg Home Value$85,958$85,528$85,849โ–ผ 0.1%
Single Family Value$86,050$85,618$85,939โ–ผ 0.1%
Median List Price$148,250$146,717$147,967โ–ผ 0.2%
Homes For Sale717372โ–ฒ 1.4%
% Listings w/ Price Cut0.2%0.2%0.1%โ–ผ 33.3%

Morehouse Parish Home Value Trend (2000โ€“2026)

All-home median values including the 2008 housing crash, 2020 COVID surge, and 2022 rate shock. Switch between All Homes, Single Family, Bottom Tier, Top Tier, and Rent to compare trends.

Source: Zillow Research ZHVI / ZORI ยท Updated monthly

What Homes Cost in Morehouse Parish

Home values broken down by bedroom count, ZIP code neighborhood, and property type. 3-bedroom homes are valued at $99,159 in Morehouse Parish. 1-bedroom units start at $37,945.

Bedroom CountAvg ValueLast 30 DaysLast Year
1 Bedroom$37,945No Changeโ–ผ 24.7%
2 Bedrooms$43,546โ–ผ 0.5%โ–ผ 22.1%
3 Bedrooms$99,159โ–ฒ 0.4%โ–ผ 11.9%
4 Bedrooms$154,020โ–ฒ 0.4%โ–ผ 6.2%
5+ Bedrooms$182,785โ–ฒ 0.6%โ–ผ 3.2%

The table above reflects average home values and rent in Morehouse Parish, broken down by bedroom count, neighborhoods, and property types. Data sourced from Zillow Research.

Buyer vs. Investor Segments

Bottom-tier homes (under 33rd percentile) are the primary target for wholesale investors using the 70% rule. In Morehouse Parish, bottom-tier homes are valued at $36,348.

Bottom Tier

Under 33rd percentile

$36,348

โ–ผ 18.6% YoY

Wholesale / investor range

Mid Tier

33rd-67th percentile

$85,849

โ–ผ 13.8% YoY

Typical buyer range

Top Tier

Over 67th percentile

$186,616

Luxury / high-end

Supply, Demand and Pricing Power

How quickly homes are selling, how many are available, and whether sellers or buyers have the upper hand in Morehouse Parish.

Homes For Sale

72

% Listings w/ Price Cut

0.1%

Median List Price

$147,967

Monthly Cost to Own in Morehouse Parish

Estimated mortgage payments on the median-priced home at current rates.

Down PaymentEst. Monthly Payment
5% down$928/mo
10% down$898/mo
20% down$782/mo

Morehouse Parish vs. Monroe

How Morehouse Parish compares to the broader Monroe metropolitan area.

MetricMorehouse ParishMetro Avg
Avg Home Value$85,849$158,017
Days to Pending----
% Sold Below List--0.7%
Avg Rent/Month--$1,086

Home Values in Morehouse Parish by ZIP Code

Compare home values and price trends across neighborhoods in Morehouse Parish. Click any ZIP to see its full market report.

ZIP CodeAreaAvg Home Value1Y Change
71291West Monroe$211,253โ–ฒ 1.4%View โ†’
71201Monroe$209,422โ–ผ 0.3%View โ†’
71203Monroe$180,997โ–ผ 0.4%View โ†’
71292West Monroe$148,884โ–ผ 4.5%View โ†’
71202Monroe$56,043โ–ผ 13.7%View โ†’

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Data Sources and Methodology

Market data on this page comes from the Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), updated monthly by Zillow Research. ZHVI measures the typical home value for a given region based on Zillow's proprietary automated valuation model, smoothed and seasonally adjusted to remove noise. ZORI measures the typical observed market-rate rent across the region, controlling for quality mix changes.

Sale price, inventory, days-on-market, and sale-to-list metrics are sourced from Zillow Research public data releases. All data is refreshed on the 17th of each month. This report was last updated February 2026.

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