Houma housing market

Neutral marketHouma, LA metro areaData through Sep 2026
Typical home value
$181K
▼ 2.5% 1 yr
Typical rent
$1,302/mo
▲ 5.8% 1 yr
12-month forecast
−1.2%
#524 of 546 metros
Gross rent yield
8.6%
#25 of 546 · U.S. 6.3%
Days to pending
107 days
▼ −2 days 1 yr
Listings with a price cut
19%
▼ −2.8 pts 1 yr

Key takeaways

  • 1The typical home is worth $180,980, down 2.5% in a year and down 14% over five years.
  • 2Zillow forecasts home values falling 1.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,302/mo (+5.8% YoY), a 8.6% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $995/mo in principal and interest, $307 less than renting.
  • 5Homes go under contract in 107 days (−2 days vs last year); 19% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 48/100, #166 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $181K
$183K$195K$206K$217K2016201920222025
Typical monthly rent
Latest $1,302
$1,080$1,149$1,218$1,28720222023202420252026

How fast homes are selling

Days to go under contract
Latest 107
397010213320182020202220242026
Share of listings with a price cut
Latest 19.2%
7.8%12.5%17.3%22.0%20182020202220242026
Homes for sale vs new listings
Latest 910
For saleNew listings
1664918151,14020182020202220242026
Share of homes sold above list price
Latest 17.6%
10.6%17.9%25.2%32.5%202120232025

Affordability

Household income needed to buy vs rent
Latest $54K
To buy (20% down)To rent
$43K$48K$53K$58K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Houma compares

MeasureHoumaUnited StatesRank of 546
Home value, 1-yr change−2.5%+1.2%#535
Home value, 5-yr change−13.9%+19.7%
12-month forecast−1.2%+1.1%#524
Rent, 1-yr change+5.8%+2.7%#82
Gross rent yield8.6%6.3%#25
Price-to-rent ratio11.615.8
Mortgage P&I on typical home$995$2,012
Income needed to buy$53,841$100,902
Days to pending10756

Cities in the Houma metro

2 cities with home value and rent data.

Houma$187K▼ 3.9%$1,336▲ 5.7%8.6%
Thibodaux$225K■ 0.0%$1,226▲ 6.9%6.5%

Run the numbers

Other Louisiana metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.