Market Overview
Home Prices in Lake Charles, LA
The median home value in Lake Charles, LA is $208,278 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Charles are priced49% below average. Lake Charles is part of the Lake Charles, LA metro area.
Over the past five years, Lake Charles home values have fallen by approximately3.6%, reflecting softening conditions in this market.
Price History
Lake Charles Home Price Trend
City Comparison
Lake Charles vs. National Median
At $208,278, homes in Lake Charles cost 49% below the national median of $410,000. This makes Lake Charles a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Charles?
20% Down Payment
$41,656
on $208,278
Monthly P&I
$1,086/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,379/mo
incl. taxes & insurance
Income Needed
$55,160
gross annual (30% rule)
10% Down Option
$20,828
+ PMI applies
Loan Amount (20% dn)
$166,622
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 Lake Charles, LA?
The median home value in Lake Charles is $208,278 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 Lake Charles?
Over the past year, home values in Lake Charles have increased by 2.8%. Over five years, prices have fallen approximately 3.6%.
How much do I need to earn to buy a home in Lake Charles?
To comfortably afford the median home price of $208,278 with a 20% down payment ($41,656) at today's rates (6.8%), you'd need a gross annual income of approximately $55,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Charles compare to the national average home price?
The national median home value is approximately $410,000. At $208,278, homes in Lake Charles are 49% below the national average.
What metro area is Lake Charles part of?
Lake Charles is part of the Lake Charles, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.