Red River Parish, Louisiana Housing Market Prices
Red River 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$122,920
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Median rent 32% below the Louisiana median Cheaper than 83% of counties in Louisiana$728
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Red River Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,920 | $170,446 | $248,835 |
| Price Trend (Annual %) | 3.9% | 4.3% | 7.5% |
| Median Gross Rent | $728 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Red River Parish is about 28% lower than in Louisiana. Rent is about 32% lower than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Red River Parish, up about 3.9% and 4.8% a year respectively. Rent is changing faster.
Median rent in Red River Parish rose about 27.6% between 2015 and 2024, from $571 to $728. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Red River Parish.
Buying the median-priced home in Red River Parish costs roughly 14.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Red River Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Red River Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,920 | $170,446 | $248,835 |
| Median Household Income | $48,749 | $60,934 | $80,455 |
| Price-to-Income Ratio | 2.5 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Red River Parish rose about 109.5%, while median household income rose about 38.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Red River Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.3% | 57.7% | 58.5% |
| Rental Rate | 19.4% | 27.9% | 31.2% |
| Vacancy Rate | 14.2% | 14.4% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Red River Parish has a homeownership rate of 66.3%, higher than the Louisiana average of 57.7%. Its housing vacancy rate is 14.2%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Red River Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1983 | 1983 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Red River Parish was built around 1983. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 17.0 years on average.
Red River Parish, LA Housing Compared With Nearby Counties
Red River Parish, LA is the smallest of the 4 counties compared here, 7,443 residents against a local median of 27,025. Where Red River Parish, LA breaks from the counties next to it is median home price, sitting 17% below the local median of $147,341 at $122,920.
The counties themselves spread $119,675 on median home price, so Red River Parish, LA sits at one end of an already wide local range rather than apart from it. Red River Parish, LA has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Red River Parish, LA | 7,443 | $122,920 #4/4 | $728 #2/4 | 77.3% #2/4 |
| De Soto Parish, LA | 27,025 | $263,686 | $686 | 77.2% |
| Sabine Parish, LA | 21,977 | $147,341 | $701 | 80.2% |
| Webster Parish, LA | 35,820 | $144,012 | $794 | 66.8% |
Frequently Asked Questions
Common questions about the housing market in Red River Parish, Louisiana.
What is the median home price in Red River Parish, Louisiana?
The median home price in Red River Parish, Louisiana is $122,920, lower than the Louisiana average of $170,446.
What is the average home price in Red River Parish, Louisiana?
The typical home price in Red River Parish, Louisiana, reported as the median sale price, is $122,920. 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 Red River Parish, Louisiana?
The median gross rent in Red River Parish, Louisiana is $728 per month, lower than the Louisiana average of $1,063.
What was the median gross rent in Red River Parish in 2020?
In 2020, the median gross rent in Red River Parish, Louisiana was $521 per month.
What is the price-to-rent ratio in Red River Parish, Louisiana?
The price-to-rent ratio in Red River Parish, Louisiana is about 14.1, meaning it would take roughly 14.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Red River Parish.
Are home prices or rent rising faster in Red River Parish, Louisiana?
Both home prices and rent are rising in Red River Parish, up about 3.9% and 4.8% a year respectively. Rent is changing faster.
What is the homeownership rate in Red River Parish, Louisiana?
66.3% of households in Red River Parish, Louisiana own their home, higher than the Louisiana average of 57.7%.
What is the vacancy rate in Red River Parish, Louisiana?
The housing vacancy rate in Red River Parish, Louisiana is 14.2%, lower than the Louisiana average of 14.4%.
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