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📍 Parks, LA · Zillow ZHVI · July 2026

Average Home Price in
Parks, LA

Lafayette, LA metro area · Saint Martin Parish County

Median Home Value
$136,906
↑ 12.8% year-over-year
vs. National Median
$410,000
Parks is 67% below
Est. Monthly Payment
$714/mo
20% down · 6.8% rate
Income Needed
$36K
gross annual (30% rule)
Median Home Value
$136,906
↑ 12.8% year-over-year
Down Payment (20%)$27,381
Monthly P&I$714/mo
With Taxes & Ins.~$907/mo
Income Needed$36,280/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Parks, LA

The median home value in Parks, LA is $136,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.8% compared to a year ago and down 9.3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Parks are priced67% below average. Parks is part of the Lafayette, LA metro area.

City Comparison

Parks vs. National Median

🏠 Parks
$136,906
National Median
$410,000

At $136,906, homes in Parks cost 67% below the national median of $410,000. This makes Parks a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Parks?

20% Down Payment
$27,381
on $136,906
Monthly P&I
$714/mo
30-yr @ 6.8%
Total Monthly Est.
~$907/mo
incl. taxes & insurance
Income Needed
$36,280
gross annual (30% rule)
10% Down Option
$13,691
+ PMI applies
Loan Amount (20% dn)
$109,525
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 Parks, LA?
The median home value in Parks is $136,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.8% year-over-year.
How much have home prices changed in Parks?
Over the past year, home values in Parks have increased by 12.8%.
How much do I need to earn to buy a home in Parks?
To comfortably afford the median home price of $136,906 with a 20% down payment ($27,381) at today's rates (6.8%), you'd need a gross annual income of approximately $36,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Parks compare to the national average home price?
The national median home value is approximately $410,000. At $136,906, homes in Parks are 67% below the national average.
What metro area is Parks part of?
Parks is part of the Lafayette, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.