Market Overview
Home Prices in Elton, LA
The median home value in Elton, LA is $130,216 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and down 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elton are priced68% below average. Elton is part of the Jennings, LA metro area.
Over the past five years, Elton home values have fallen by approximately8.0%, reflecting softening conditions in this market.
Price History
Elton Home Price Trend
2020
$129,558
$130K
—
2021
$141,575
$142K
+9.3%
2022
$131,203
$131K
-7.3%
2023
$129,654
$130K
-1.2%
2024
$129,344
$129K
-0.2%
2025
$123,782
$124K
-4.3%
2026
$130,216
$130K
+5.2%
City Comparison
Elton vs. National Median
🏠 Elton
$130,216
National Median
$410,000
At $130,216, homes in Elton cost 68% below the national median of $410,000. This makes Elton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elton?
20% Down Payment
$26,043
on $130,216
Monthly P&I
$679/mo
30-yr @ 6.8%
Total Monthly Est.
~$862/mo
incl. taxes & insurance
Income Needed
$34,480
gross annual (30% rule)
10% Down Option
$13,022
+ PMI applies
Loan Amount (20% dn)
$104,173
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 Elton, LA?
The median home value in Elton is $130,216 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Elton?
Over the past year, home values in Elton have increased by 5.2%. Over five years, prices have fallen approximately 8.0%.
How much do I need to earn to buy a home in Elton?
To comfortably afford the median home price of $130,216 with a 20% down payment ($26,043) at today's rates (6.8%), you'd need a gross annual income of approximately $34,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Elton compare to the national average home price?
The national median home value is approximately $410,000. At $130,216, homes in Elton are 68% below the national average.
What metro area is Elton part of?
Elton is part of the Jennings, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.