Market Overview
Home Prices in Elmer, LA
The median home value in Elmer, LA is $192,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.4% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elmer are priced53% below average. Elmer is part of the Alexandria, LA metro area.
Over the past five years, Elmer home values have fallen by approximately3.1%, reflecting softening conditions in this market.
Price History
Elmer Home Price Trend
2020
$199,817
$200K
—
2021
$199,177
$199K
-0.3%
2022
$205,081
$205K
+3.0%
2023
$213,948
$214K
+4.3%
2024
$200,965
$201K
-6.1%
2025
$208,278
$208K
+3.6%
2026
$192,921
$193K
-7.4%
City Comparison
Elmer vs. National Median
🏠 Elmer
$192,921
National Median
$410,000
At $192,921, homes in Elmer cost 53% below the national median of $410,000. This makes Elmer a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elmer?
20% Down Payment
$38,584
on $192,921
Monthly P&I
$1,006/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,278/mo
incl. taxes & insurance
Income Needed
$51,120
gross annual (30% rule)
10% Down Option
$19,292
+ PMI applies
Loan Amount (20% dn)
$154,337
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 Elmer, LA?
The median home value in Elmer is $192,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.4% year-over-year.
How much have home prices changed in Elmer?
Over the past year, home values in Elmer have decreased by 7.4%. Over five years, prices have fallen approximately 3.1%.
How much do I need to earn to buy a home in Elmer?
To comfortably afford the median home price of $192,921 with a 20% down payment ($38,584) at today's rates (6.8%), you'd need a gross annual income of approximately $51,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Elmer compare to the national average home price?
The national median home value is approximately $410,000. At $192,921, homes in Elmer are 53% below the national average.
What metro area is Elmer part of?
Elmer is part of the Alexandria, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.