Market Overview
Home Prices in Raceland, LA
The median home value in Raceland, LA is $180,473 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Raceland are priced56% below average. Raceland is part of the Houma-Thibodaux, LA metro area.
Over the past five years, Raceland home values have fallen by approximately12.4%, reflecting softening conditions in this market.
Price History
Raceland Home Price Trend
City Comparison
Raceland vs. National Median
At $180,473, homes in Raceland cost 56% below the national median of $410,000. This makes Raceland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Raceland?
20% Down Payment
$36,095
on $180,473
Monthly P&I
$941/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,195/mo
incl. taxes & insurance
Income Needed
$47,800
gross annual (30% rule)
10% Down Option
$18,047
+ PMI applies
Loan Amount (20% dn)
$144,378
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 Raceland, LA?
The median home value in Raceland is $180,473 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Raceland?
Over the past year, home values in Raceland have decreased by 0.3%. Over five years, prices have fallen approximately 12.4%.
How much do I need to earn to buy a home in Raceland?
To comfortably afford the median home price of $180,473 with a 20% down payment ($36,095) at today's rates (6.8%), you'd need a gross annual income of approximately $47,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Raceland compare to the national average home price?
The national median home value is approximately $410,000. At $180,473, homes in Raceland are 56% below the national average.
What metro area is Raceland part of?
Raceland is part of the Houma-Thibodaux, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.