Market Overview
Home Prices in Iota, LA
The median home value in Iota, LA is $191,245 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Iota are priced53% below average. Iota is part of the Lafayette, LA metro area.
Over the past five years, Iota home values have risen by approximately9.1%, reflecting steady appreciation in this market.
Price History
Iota Home Price Trend
City Comparison
Iota vs. National Median
At $191,245, homes in Iota cost 53% below the national median of $410,000. This makes Iota a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Iota?
20% Down Payment
$38,249
on $191,245
Monthly P&I
$997/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,266/mo
incl. taxes & insurance
Income Needed
$50,640
gross annual (30% rule)
10% Down Option
$19,125
+ PMI applies
Loan Amount (20% dn)
$152,996
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 Iota, LA?
The median home value in Iota is $191,245 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Iota?
Over the past year, home values in Iota have increased by 4.2%. Over five years, prices have risen approximately 9.1%.
How much do I need to earn to buy a home in Iota?
To comfortably afford the median home price of $191,245 with a 20% down payment ($38,249) at today's rates (6.8%), you'd need a gross annual income of approximately $50,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Iota compare to the national average home price?
The national median home value is approximately $410,000. At $191,245, homes in Iota are 53% below the national average.
What metro area is Iota part of?
Iota is part of the Lafayette, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.