Market Overview
Home Prices in Lake Providence, LA
The median home value in Lake Providence, LA is $60,721 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 14.7% compared to a year ago and down 18.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Providence are priced85% below average.
Price History
Lake Providence Home Price Trend
2024
$87,772
$88K
—
2025
$71,176
$71K
-18.9%
2026
$60,721
$61K
-14.7%
City Comparison
Lake Providence vs. National Median
🏠 Lake Providence
$60,721
National Median
$410,000
At $60,721, homes in Lake Providence cost 85% below the national median of $410,000. This makes Lake Providence a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Providence?
20% Down Payment
$12,144
on $60,721
Monthly P&I
$317/mo
30-yr @ 6.8%
Total Monthly Est.
~$403/mo
incl. taxes & insurance
Income Needed
$16,120
gross annual (30% rule)
10% Down Option
$6,072
+ PMI applies
Loan Amount (20% dn)
$48,577
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 Providence, LA?
The median home value in Lake Providence is $60,721 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 14.7% year-over-year.
How much have home prices changed in Lake Providence?
Over the past year, home values in Lake Providence have decreased by 14.7%.
How much do I need to earn to buy a home in Lake Providence?
To comfortably afford the median home price of $60,721 with a 20% down payment ($12,144) at today's rates (6.8%), you'd need a gross annual income of approximately $16,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Providence compare to the national average home price?
The national median home value is approximately $410,000. At $60,721, homes in Lake Providence are 85% below the national average.