Home Values in Baton Rouge, Louisiana — 2026 Market Report
Updated March 2026 | Balanced Market | +1.3% YoY
The median home value in Baton Rouge, Louisiana is $215,000 as of March 2026, which is below the national median of $400,000. Home values in Baton Rouge have increased by 1.3% over the past year and 6.7% over the last five years. With a population of 227,470 and a median household income of $42,357, the price-to-income ratio stands at 5.1x, making Baton Rouge affordable for the average household.
Baton Rouge Housing Market Conditions
| Metric | Baton Rouge | National Avg |
|---|---|---|
| Median Home Value | $215,000 | $400,000 |
| YoY Appreciation | +1.3% | +3.8% |
| 5-Year Appreciation | +6.7% | +22.4% |
| Price per Sq Ft | $53 | $222 |
| Days on Market | 59 days | 45 days |
| Months of Supply | 4.3 | 3.5 |
| List-to-Sale Ratio | 98.4% | 98.5% |
| Monthly Homes Sold | 114 | — |
| Foreclosure Rate | 0.6% | 0.3% |
Home Value Trends in Baton Rouge
A homeowner who purchased at the median price of $201,500 five years ago in Baton Rouge would have gained approximately $13,500 in equity, representing a 6.7% return on investment. Over the past year alone, the typical homeowner gained $2,759 in home equity.
Affordability in Baton Rouge, LA
With a median household income of $42,357 and a median home price of $215,000, the price-to-income ratio in Baton Rouge is 5.1x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,145 compared to estimated monthly ownership costs of $1,121 gives a rent-vs-buy ratio of 0.98. In Baton Rouge, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Baton Rouge
The effective property tax rate in Louisiana is 0.55%. On a home valued at $215,000, the estimated annual property tax bill is $1,183, or approximately $99/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Baton Rouge is 90.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Baton Rouge, LA?
The median home value in Baton Rouge, Louisiana is $215,000 as of March 2026. Home values have changed +1.3% over the past year, with a 5-year appreciation of 6.7%.
Is Baton Rouge a buyer's or seller's market?
Baton Rouge is currently a balanced market with 4.3 months of housing supply. Homes spend an average of 59 days on market, and the list-to-sale price ratio is 98.4%. Supply and demand are relatively balanced.
Are home values going up in Baton Rouge?
Yes, home values in Baton Rouge have increased by 1.3% over the past year. The 5-year appreciation rate is 6.7%, meaning a home worth $201,500 five years ago is now worth $215,000.
Is it better to rent or buy in Baton Rouge?
The average monthly rent in Baton Rouge is $1,145, while estimated monthly homeownership costs are approximately $1,121. The price-to-rent ratio is 15.6. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Baton Rouge, Louisiana is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.