East Carroll Parish, Louisiana Housing Market Prices
East Carroll Parish Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 28% below the Louisiana median$122,916
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Median rent 39% below the Louisiana median Among the top 5 cheapest counties in Louisiana$652
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | East Carroll Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,916 | $170,446 | $248,835 |
| Price Trend (Annual %) | 83.9% | 4.3% | 7.5% |
| Median Gross Rent | $652 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in East Carroll Parish is about 28% lower than in Louisiana. Rent is about 39% lower than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in East Carroll Parish, up about 83.9% and 4.1% a year respectively. Home prices are changing faster.
Median rent in East Carroll Parish rose about 45.3% between 2015 and 2024, from $449 to $652. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in East Carroll Parish.
Buying the median-priced home in East Carroll Parish costs roughly 15.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in East Carroll Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | East Carroll Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,916 | $170,446 | $248,835 |
| Median Household Income | $33,130 | $60,934 | $80,455 |
| Price-to-Income Ratio | 3.7 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in East Carroll Parish rose about 17.9%, while median household income rose about 35.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | East Carroll Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 44.5% | 57.7% | 58.5% |
| Rental Rate | 31.7% | 27.9% | 31.2% |
| Vacancy Rate | 23.8% | 14.4% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
East Carroll Parish has a homeownership rate of 44.5%, lower than the Louisiana average of 57.7%. Its housing vacancy rate is 23.8%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | East Carroll Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.03 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1975 | 1983 | 1978 |
| Median Number of Rooms | 5.7 | 5.5 | 5.5 |
The typical housing unit in East Carroll Parish was built around 1975. On average, 2.0 people live in a home with about 5.7 rooms, staying for about 17.0 years on average.
East Carroll Parish, LA Housing Compared With Nearby Counties
How East Carroll Parish, LA compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| East Carroll Parish, LA | 7,072 | $122,916 #1/2 | $652 #2/2 | 58.4% #2/2 |
| Warren County, MS | 43,020 | $97,454 | $887 | 69.9% |
Frequently Asked Questions
Common questions about the housing market in East Carroll Parish, Louisiana.
What is the median home price in East Carroll Parish, Louisiana?
The median home price in East Carroll Parish, Louisiana is $122,916, lower than the Louisiana average of $170,446.
What is the average home price in East Carroll Parish, Louisiana?
The typical home price in East Carroll Parish, Louisiana, reported as the median sale price, is $122,916. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in East Carroll Parish, Louisiana?
The median gross rent in East Carroll Parish, Louisiana is $652 per month, lower than the Louisiana average of $1,063.
What was the median gross rent in East Carroll Parish in 2020?
In 2020, the median gross rent in East Carroll Parish, Louisiana was $596 per month.
What is the price-to-rent ratio in East Carroll Parish, Louisiana?
The price-to-rent ratio in East Carroll Parish, Louisiana is about 15.7, meaning it would take roughly 15.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in East Carroll Parish.
Are home prices or rent rising faster in East Carroll Parish, Louisiana?
Both home prices and rent are rising in East Carroll Parish, up about 83.9% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in East Carroll Parish, Louisiana?
44.5% of households in East Carroll Parish, Louisiana own their home, lower than the Louisiana average of 57.7%.
What is the vacancy rate in East Carroll Parish, Louisiana?
The housing vacancy rate in East Carroll Parish, Louisiana is 23.8%, higher than the Louisiana average of 14.4%.
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