Market Overview
Home Prices in Grand Isle, LA
The median home value in Grand Isle, LA is $269,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 15.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grand Isle are priced34% below average. Grand Isle is part of the New Orleans-Metairie, LA metro area.
Over the past five years, Grand Isle home values have fallen by approximately15.8%, reflecting softening conditions in this market.
Price History
Grand Isle Home Price Trend
City Comparison
Grand Isle vs. National Median
At $269,933, homes in Grand Isle cost 34% below the national median of $410,000. This makes Grand Isle a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grand Isle?
20% Down Payment
$53,987
on $269,933
Monthly P&I
$1,408/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,788/mo
incl. taxes & insurance
Income Needed
$71,520
gross annual (30% rule)
10% Down Option
$26,993
+ PMI applies
Loan Amount (20% dn)
$215,946
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 Grand Isle, LA?
The median home value in Grand Isle is $269,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Grand Isle?
Over the past year, home values in Grand Isle have increased by 2.8%. Over five years, prices have fallen approximately 15.8%.
How much do I need to earn to buy a home in Grand Isle?
To comfortably afford the median home price of $269,933 with a 20% down payment ($53,987) at today's rates (6.8%), you'd need a gross annual income of approximately $71,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Grand Isle compare to the national average home price?
The national median home value is approximately $410,000. At $269,933, homes in Grand Isle are 34% below the national average.
What metro area is Grand Isle part of?
Grand Isle is part of the New Orleans-Metairie, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.