Lake Charles housing market

Seller's marketLake Charles, LA metro areaData through Sep 2026
Typical home value
$202K
▲ 2.3% 1 yr
Typical rent
$1,358/mo
▲ 18.9% 1 yr
12-month forecast
−0.9%
#511 of 546 metros
Gross rent yield
8.1%
#49 of 546 · U.S. 6.3%
Days to pending
95 days
▼ −8 days 1 yr
Listings with a price cut
20%
▼ −1.3 pts 1 yr

Key takeaways

  • 1The typical home is worth $201,631, up 2.3% in a year and down 7% over five years.
  • 2Zillow forecasts home values falling 0.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,358/mo (+18.9% YoY), a 8.1% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,108/mo in principal and interest, $250 less than renting.
  • 5Homes go under contract in 95 days (−8 days vs last year); 20% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 62/100, #25 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $202K
$193K$203K$214K$224K2016201920222025
Typical monthly rent
Latest $1,358
$993$1,107$1,221$1,3352016201920222025

How fast homes are selling

Days to go under contract
Latest 95
37679812820182020202220242026
Share of listings with a price cut
Latest 20.2%
8.6%14.9%21.3%27.6%20182020202220242026
Homes for sale vs new listings
Latest 771
For saleNew listings
1705148581,20220182020202220242026
Share of homes sold above list price
Latest 12.7%
7.2%11.0%14.8%18.5%2020202220242026

Affordability

Household income needed to buy vs rent
Latest $57K
To buy (20% down)To rent
$40K$46K$53K$59K201620182020202220242026

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

How Lake Charles compares

MeasureLake CharlesUnited StatesRank of 546
Home value, 1-yr change+2.3%+1.2%#263
Home value, 5-yr change−6.5%+19.7%
12-month forecast−0.9%+1.1%#511
Rent, 1-yr change+18.9%+2.7%#3
Gross rent yield8.1%6.3%#49
Price-to-rent ratio12.415.8
Mortgage P&I on typical home$1,108$2,012
Income needed to buy$57,462$100,902
Days to pending9556

Cities in the Lake Charles metro

2 cities with home value and rent data.

Lake Charles$207K▲ 2.1%$1,329▲ 18.9%7.7%
Sulphur$203K▲ 2.9%$1,287▲ 11.7%7.6%

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.