Market Overview
Home Prices in Mansfield, LA
The median home value in Mansfield, LA is $94,332 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14% compared to a year ago and down 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mansfield are priced77% below average. Mansfield is part of the Shreveport-Bossier City, LA metro area.
Over the past five years, Mansfield home values have fallen by approximately26.6%, reflecting softening conditions in this market.
Price History
Mansfield Home Price Trend
City Comparison
Mansfield vs. National Median
At $94,332, homes in Mansfield cost 77% below the national median of $410,000. This makes Mansfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mansfield?
20% Down Payment
$18,866
on $94,332
Monthly P&I
$492/mo
30-yr @ 6.8%
Total Monthly Est.
~$625/mo
incl. taxes & insurance
Income Needed
$25,000
gross annual (30% rule)
10% Down Option
$9,433
+ PMI applies
Loan Amount (20% dn)
$75,466
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 Mansfield, LA?
The median home value in Mansfield is $94,332 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14% year-over-year.
How much have home prices changed in Mansfield?
Over the past year, home values in Mansfield have increased by 14%. Over five years, prices have fallen approximately 26.6%.
How much do I need to earn to buy a home in Mansfield?
To comfortably afford the median home price of $94,332 with a 20% down payment ($18,866) at today's rates (6.8%), you'd need a gross annual income of approximately $25,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Mansfield compare to the national average home price?
The national median home value is approximately $410,000. At $94,332, homes in Mansfield are 77% below the national average.
What metro area is Mansfield part of?
Mansfield is part of the Shreveport-Bossier City, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.