Market Overview
Home Prices in Basile, LA
The median home value in Basile, LA is $134,189 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and down 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Basile are priced67% below average. Basile is part of the Lafayette, LA metro area.
Over the past five years, Basile home values have fallen by approximately7.3%, reflecting softening conditions in this market.
Price History
Basile Home Price Trend
2020
$140,397
$140K
—
2021
$144,679
$145K
+3.0%
2022
$152,424
$152K
+5.4%
2023
$143,812
$144K
-5.7%
2024
$136,661
$137K
-5.0%
2025
$130,257
$130K
-4.7%
2026
$134,189
$134K
+3.0%
City Comparison
Basile vs. National Median
🏠 Basile
$134,189
National Median
$410,000
At $134,189, homes in Basile cost 67% below the national median of $410,000. This makes Basile a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Basile?
20% Down Payment
$26,838
on $134,189
Monthly P&I
$700/mo
30-yr @ 6.8%
Total Monthly Est.
~$889/mo
incl. taxes & insurance
Income Needed
$35,560
gross annual (30% rule)
10% Down Option
$13,419
+ PMI applies
Loan Amount (20% dn)
$107,351
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Basile, LA?
The median home value in Basile is $134,189 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Basile?
Over the past year, home values in Basile have increased by 3%. Over five years, prices have fallen approximately 7.3%.
How much do I need to earn to buy a home in Basile?
To comfortably afford the median home price of $134,189 with a 20% down payment ($26,838) at today's rates (6.8%), you'd need a gross annual income of approximately $35,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Basile compare to the national average home price?
The national median home value is approximately $410,000. At $134,189, homes in Basile are 67% below the national average.
What metro area is Basile part of?
Basile is part of the Lafayette, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.