Housing Market Report
Saint Mary Parish, LA
Data through February 2026 · Updated monthly
Homes are selling quickly with few price cuts
Avg Home Value
$114,003
▼ 11.1% year-over-year
Days to Pending
--
Homes For Sale
166
Avg Rent/Month
--
The Saint Mary Parish, LA housing market is showing signs of cooling. The average home value is $114,003, down 11.1% year-over-year as of February 2026. 0.2% of active listings have had a price cut.
There are currently 166 homes for sale in the county, with 16 new listings hitting the market each month.
For homebuyers, the estimated monthly mortgage payment on a median-priced home in Saint Mary Parish with 10% down is $707.
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Market Snapshot
Saint Mary Parish Housing Market at a Glance
Key metrics for Saint Mary Parish as of February 2026. Year-over-year changes show how the market has shifted in the last 12 months.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $111,652 | $112,772 | $114,003 | ▲ 2.1% |
| Single Family Value | $111,685 | $112,818 | $114,059 | ▲ 2.1% |
| Median List Price | $175,000 | $175,000 | $175,000 | No Change |
| Homes For Sale | 170 | 170 | 166 | ▼ 2.4% |
| New Listings | 25 | 19 | 16 | ▼ 36.0% |
| % Listings w/ Price Cut | 0.2% | 0.2% | 0.2% | ▼ 10.0% |
Home Values
Saint Mary Parish Home Value Trend (2000–2026)
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 · Updated monthly
Market Breakdown
What Homes Cost in Saint Mary Parish
Home values broken down by bedroom count, ZIP code neighborhood, and property type. 3-bedroom homes are valued at $124,278 in Saint Mary Parish.
| Bedroom Count | Avg Value | Last 30 Days | Last Year |
|---|---|---|---|
| 2 Bedrooms | $68,687 | ▲ 1.7% | ▼ 9.4% |
| 3 Bedrooms | $124,278 | ▲ 0.8% | ▼ 9.8% |
| 4 Bedrooms | $174,662 | ▲ 0.3% | ▼ 8.3% |
The table above reflects average home values and rent in Saint Mary Parish, broken down by bedroom count, neighborhoods, and property types. Data sourced from Zillow Research.
Market Tiers
Buyer vs. Investor Segments
Bottom-tier homes (under 33rd percentile) are the primary target for wholesale investors using the 70% rule.
Bottom Tier
Under 33rd percentile
--
Wholesale / investor range
Mid Tier
33rd-67th percentile
$114,003
▼ 11.1% YoY
Typical buyer range
Top Tier
Over 67th percentile
$200,092
Luxury / high-end
Market Activity
Supply, Demand and Pricing Power
How quickly homes are selling, how many are available, and whether sellers or buyers have the upper hand in Saint Mary Parish.
Homes For Sale
166
16 new/month
% Listings w/ Price Cut
0.2%
$8,000 median cut
Median List Price
$175,000
Affordability
Monthly Cost to Own in Saint Mary Parish
Estimated mortgage payments on the median-priced home at current rates.
| Down Payment | Est. Monthly Payment |
|---|---|
| 5% down | $1,151/mo |
| 10% down | $1,112/mo |
| 20% down | $957/mo |
Metro Context
Saint Mary Parish vs. Morgan City
How Saint Mary Parish compares to the broader Morgan City metropolitan area.
| Metric | Saint Mary Parish | Metro Avg |
|---|---|---|
| Avg Home Value | $114,003 | $114,015 |
| Days to Pending | -- | -- |
| % Sold Below List | -- | -- |
| Avg Rent/Month | -- | -- |
Nearby Markets
Other Counties in LA
Explore home values and trends in other LA counties. Compare markets to find investment opportunities.
Acadia Parish
$146,450
▼ 5%Last year
Rent: $1/mo
Allen Parish
$121,727
▼ 11%Last year
Ascension Parish
$303,019
▲ 0%Last year
Rent: $1,888/mo
Assumption Parish
$173,664
▲ 4%Last year
Avoyelles Parish
$122,757
▼ 4%Last year
Beauregard Parish
$188,736
▼ 0%Last year
Rent: $1,029/mo
Bienville Parish
$100,515
▼ 15%Last year
Bossier Parish
$238,467
▲ 0%Last year
Rent: $1,406/mo
Frequently Asked Questions
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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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ZIP Codes in Saint Mary Parish
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