What is the cheapest city to buy a house in Louisiana?

New Iberia, with a median closed price of $169,000 over its reporting window, among Louisiana cities where Resideline tracked at least 100 closings inside the city limits.

Are these asking prices or sale prices?

Closed sale prices. Every price median is the price homes actually closed at inside the municipal boundary, not a listing price. The one column measured differently is realized appreciation, which uses the postal city, as the note under the table says.

Why does a cheap city show a high price per square foot?

Because the ranking median covers every property type that closed, condos and multi-family included, while the $/sqft column is single-family houses only. In cities where most sales are condos, the median price is low and the house $/sqft can still be high.

Is the appreciation figure a forecast?

No. It is the median annual change between consecutive sales of the same home, on repeat-sale pairs. It is historical and nominal, and it says what happened, not what will.

Cheapest Cities to Buy a House in Louisiana (2026)

Every Louisiana city below cleared 100 closings in its window and is ranked by the median price homes actually closed at, not the asking price. The columns beside it are the questions that follow a low price: what you pay per square foot, what the same homes did on resale, and how quickly listings go.

The ranking

#	City	Median closed price	Houses $/sqft	Realized appreciation	Days to contract	Closings	Window
1	New Iberia	$169,000	$109	n/a	31	197	12 months
2	Alexandria	$179,900	$107	n/a	31	305	12 months
3	Slidell	$189,250	$119	n/a	25	202	six months
4	Marrero	$190,000	$133	n/a	22	205	12 months
4	Houma	$190,000	$121	n/a	55	287	12 months
4	Thibodaux	$190,000	$137	n/a	43	130	12 months
7	Shreveport	$195,700	$116	n/a	32	1,072	six months
8	West Monroe	$199,900	$122	n/a	17	124	12 months
9	Sulphur	$200,000	$117	n/a	42	157	six months
10	Denham Springs	$220,000	$145	n/a	32	117	12 months
11	Lake Charles	$229,000	$128	n/a	34	542	six months
12	Bossier City	$230,000	$140	n/a	24	401	six months
13	Hammond	$235,000	$133	n/a	31	149	12 months
14	Baton Rouge	$240,000	$147	n/a	25	979	six months
15	Monroe	$240,750	$125	n/a	20	150	six months

1. New Iberia, $169,000

New Iberia's median closed price over the last 12 months was $169,000, around 65 percent of what the typical Louisiana sale closed at. 197 closings sit behind that figure, about 16 a month, enough to price against. Single-family houses closed at a median of $109 per square foot across 189 sales with usable living area. The median listed home took 31 days to go under contract, across 169 listed closings. Full detail is on the New Iberia market page.

2. Alexandria, $179,900

Homes in Alexandria closed at a median of $179,900 over the last 12 months, about 69 percent of the Louisiana statewide median. 305 closings sit behind that figure, about 25 a month, enough to price against. Single-family houses closed at a median of $107 per square foot across 273 sales with usable living area. The median listed home took 31 days to go under contract, across 140 listed closings. About 7.7 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Alexandria market page.

3. Slidell, $189,250

Homes in Slidell closed at a median of $189,250 over the last six months, about 73 percent of the Louisiana statewide median. Resideline tracked 202 closings there, roughly 34 a month. On a per-square-foot basis, houses there closed at a median of $119, measured on 184 sales. The median listed home took 25 days to go under contract, across 104 listed closings. Full detail is on the Slidell market page.

4. Marrero, $190,000

The median closed price in Marrero is $190,000 across the last 12 months, which puts it at roughly 73 percent of the state figure. 205 closings sit behind that figure, about 17 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $133, measured on 195 sales. The median listed home was under contract in 22 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Marrero market page.

4. Houma, $190,000

Houma's median closed price over the last 12 months was $190,000, around 73 percent of what the typical Louisiana sale closed at. Resideline tracked 287 closings there, roughly 24 a month. On a per-square-foot basis, houses there closed at a median of $121, measured on 279 sales. The median listed home took 55 days to go under contract, across 215 listed closings. Full detail is on the Houma market page.

4. Thibodaux, $190,000

Homes in Thibodaux closed at a median of $190,000 over the last 12 months, about 73 percent of the Louisiana statewide median. Only 130 homes closed in the window, roughly 11 a month, so the median is directional and the resale market is shallow. On a per-square-foot basis, houses there closed at a median of $137, measured on 108 sales. The median listed home took 43 days to go under contract, across 95 listed closings. Full detail is on the Thibodaux market page.

7. Shreveport, $195,700

Shreveport's median closed price over the last six months was $195,700, around 75 percent of what the typical Louisiana sale closed at. 1,072 closings sit behind that figure, about 179 a month, enough to price against. Single-family houses closed at a median of $116 per square foot across 973 sales with usable living area. The median listed home took 32 days to go under contract, across 716 listed closings. About 8.1 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Shreveport market page.

8. West Monroe, $199,900

The median closed price in West Monroe is $199,900 across the last 12 months, which puts it at roughly 77 percent of the state figure. That rests on 124 closings, about 10 a month, which is a thin market: a buyer's comparable set and eventual exit both depend on a small pool. On a per-square-foot basis, houses there closed at a median of $122, measured on 110 sales. Listed homes went under contract in a median of 17 days, which is fast for the state and leaves little time to deliberate. Full detail is on the West Monroe market page.

9. Sulphur, $200,000

The median closed price in Sulphur is $200,000 across the last six months, which puts it at roughly 77 percent of the state figure. 157 closings sit behind that figure, about 26 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $117, measured on 148 sales. The median listed home took 42 days to go under contract, across 122 listed closings. Full detail is on the Sulphur market page.

10. Denham Springs, $220,000

The median closed price in Denham Springs is $220,000 across the last 12 months, which puts it at roughly 84 percent of the state figure. Only 117 homes closed in the window, roughly 10 a month, so the median is directional and the resale market is shallow. On a per-square-foot basis, houses there closed at a median of $145, measured on 113 sales. Listed homes went under contract in a median of 32 days. Full detail is on the Denham Springs market page.

11. Lake Charles, $229,000

The median closed price in Lake Charles is $229,000 across the last six months, which puts it at roughly 88 percent of the state figure. 542 closings sit behind that figure, about 90 a month, enough to price against. Single-family houses closed at a median of $128 per square foot across 499 sales with usable living area. Listed homes went under contract in a median of 34 days. About 7.0 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Lake Charles market page.

12. Bossier City, $230,000

Bossier City's median closed price over the last six months was $230,000, around 88 percent of what the typical Louisiana sale closed at. Resideline tracked 401 closings there, roughly 67 a month. Single-family houses closed at a median of $140 per square foot across 378 sales with usable living area. The median listed home was under contract in 24 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Bossier City market page.

13. Hammond, $235,000

Hammond's median closed price over the last 12 months was $235,000, around 90 percent of what the typical Louisiana sale closed at. 149 closings sit behind that figure, about 12 a month, enough to price against. Single-family houses closed at a median of $133 per square foot across 136 sales with usable living area. The median listed home took 31 days to go under contract, across 85 listed closings. Full detail is on the Hammond market page.

14. Baton Rouge, $240,000

The median closed price in Baton Rouge is $240,000 across the last six months, roughly in line with the state as a whole. Resideline tracked 979 closings there, roughly 163 a month. On a per-square-foot basis, houses there closed at a median of $147, measured on 749 sales. The median listed home took 25 days to go under contract, across 777 listed closings. Full detail is on the Baton Rouge market page.

15. Monroe, $240,750

Homes in Monroe closed at a median of $240,750 over the last six months, close to the statewide median. Resideline tracked 150 closings there, roughly 25 a month. Single-family houses closed at a median of $125 per square foot across 139 sales with usable living area. The median listed home was under contract in 20 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Monroe market page.

Note: realized appreciation is the one column measured on the postal city, from repeat sales of the same home across the ZIP codes that share the city's name; every other figure is confined to the municipal boundary.

How to read this list

Treat it as a shortlist. A citywide median cannot price a specific address, and the cheapest city on paper can be the most expensive per square foot or the slowest to resell. Run any address here through Resideline for the comparable sales behind its value.

Figures last updated October 3, 2026 from closings Resideline tracked. Appreciation is the median annual change between consecutive sales of the same home; it is historical, nominal and not a projection.