Natchitoches Parish, Louisiana Housing Market

In Natchitoches Parish, Louisiana, the median home value is $171,300, with a median monthly rent of $786. This places Natchitoches Parish at #1776 nationally out of 3134 counties by median home value, and #28 within Louisiana.

Median Home Value $171,300
Median Rent $786/mo
Owner Occupancy 60.9%
Price/Rent Ratio 18.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Natchitoches Parish fell -2.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,441
jobs (private sector)
  • Avg weekly wage: $864
  • Establishments: 942
  • BLS QCEW, 2025
🏗️

Housing Supply

26
new units authorized (2025)
  • Single-family: 26
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+536
net migration (filers, 2021-2022)
  • Inflow: 12,775 (avg $61,903)
  • Outflow: 12,239 (avg $62,408)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Natchitoches Parish · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 71457 223.9 -1.58% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Natchitoches Parish Compares

MetricNatchitoches ParishLouisiana AverageU.S. Average
Median Home Value $171,300 $167,368 $227,706
Median Gross Rent $786 $914 $968
Owner Occupancy Rate 60.9% 72.2% 73.3%
Price/Rent Ratio 18.2 15.1 18.7

Market Analysis

The median home value in Natchitoches Parish is 2.3% above the Louisiana state average and 24.8% below the U.S. national average. The median rent of $786/month is 14.0% below the state average.

With a price-to-rent ratio of 18.2, the buy-vs-rent decision in Natchitoches Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Natchitoches Parish has an owner-occupancy rate of 60.9%, compared to 72.2% in Louisiana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Rusk County Texas $171,300 $1,015
Anderson County Kansas $171,400 $853
Curry County New Mexico $171,200 $1,024
Calhoun County Texas $171,200 $891
Wythe County Virginia $171,200 $764

Other Counties in Louisiana

CountyMedian Home ValueMedian RentOwner Occ.
Iberville Parish $172,800 $827 75.1%
Caddo Parish $175,700 $974 60.2%
Iberia Parish $164,500 $897 67.3%
St. Martin Parish $164,200 $870 77.7%
Pointe Coupee Parish $179,300 $817 80.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).