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Buying a home in Longville, Louisiana

The typical owner-occupied home in Longville is worth about $422,800, 95% above the Louisiana median of $216,500 and 27% above the national median of $332,700. Owners pay a median $1,257 a year in property taxes, about 0.30% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $40,272 a year, so the median home costs 10.5 times the median income (3.6 times for Louisiana). 93% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.

Longville at a glance

Longville Louisiana U.S.
Median home value $422,800 $216,500 $332,700
Median property tax paid per year $1,257 $1,180 $3,119
Property tax as a share of value 0.30% 0.55% 0.94%
Median household income $40,272 $60,756 $80,734
Homes lived in by their owners 93% 67% 65%
Owner homes with a mortgage 24% 52% 61%
Median monthly costs, owners with a mortgage $2,074 $1,604 $1,963
Those costs as a share of the owners' income 15.9% 20.4% 21.0%
Median rent – $1,064 $1,413
Median year homes were built 2015 1983 1980
Vacant homes 0.0% 14.4% 10.1%
Population 454 4,611,961 334,922,499

What a typical home costs per month in Longville

At this week's average 30-year rate of 7.11%, buying the median Longville home of $422,800 with 20% down costs about $2,557 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,262, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $109,596 for the 20%-down payment. That payment is 76% of the median Longville household income of $40,272; at that income and 20% down, the 28% guideline points to a home of about $155,000.

20% down, 30-year conventional loan
Down payment$84,560
Loan amount$338,240
Principal and interest$2,275
Property taxes (0.30% a year)$106
Homeowners insurance (our estimate, 0.5% a year)$176
PMI$0
Total per month$2,557

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3.5% down, 30-year FHA loan
Down payment$14,798
Loan amount$415,142
Principal and interest$2,793
Property taxes (0.30% a year)$106
Homeowners insurance (our estimate, 0.5% a year)$176
FHA mortgage insurance$187
Total per month$3,262

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Questions about home buying in Longville

What is the median home value in Longville?

About $422,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Longville?

Homeowners pay a median $1,257 a year, which is about 0.30% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Longville?

For the median home with 20% down at 7.11%, the payment is about $2,557 a month. Keeping that under 28% of gross income takes about $109,596 a year.

More about Longville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data