Market Overview
Home Prices in Oak Grove, LA
The median home value in Oak Grove, LA is $88,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.1% compared to a year ago and up 21.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak Grove are priced78% below average.
Price History
Oak Grove Home Price Trend
2022
$75,368
$75K
—
2023
$70,694
$71K
-6.2%
2024
$63,690
$64K
-9.9%
2025
$77,178
$77K
+21.2%
2026
$88,837
$89K
+15.1%
City Comparison
Oak Grove vs. National Median
🏠 Oak Grove
$88,837
National Median
$410,000
At $88,837, homes in Oak Grove cost 78% below the national median of $410,000. This makes Oak Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oak Grove?
20% Down Payment
$17,767
on $88,837
Monthly P&I
$463/mo
30-yr @ 6.8%
Total Monthly Est.
~$588/mo
incl. taxes & insurance
Income Needed
$23,520
gross annual (30% rule)
10% Down Option
$8,884
+ PMI applies
Loan Amount (20% dn)
$71,070
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 Oak Grove, LA?
The median home value in Oak Grove is $88,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.1% year-over-year.
How much have home prices changed in Oak Grove?
Over the past year, home values in Oak Grove have increased by 15.1%.
How much do I need to earn to buy a home in Oak Grove?
To comfortably afford the median home price of $88,837 with a 20% down payment ($17,767) at today's rates (6.8%), you'd need a gross annual income of approximately $23,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak Grove compare to the national average home price?
The national median home value is approximately $410,000. At $88,837, homes in Oak Grove are 78% below the national average.