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Buying a home in Stonewall, Louisiana

The typical owner-occupied home in Stonewall is worth about $277,300, 28% above the Louisiana median of $216,500 and 17% below the national median of $332,700. Owners pay a median $1,345 a year in property taxes, about 0.49% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $56,557 a year, so the median home costs 4.9 times the median income (3.6 times for Louisiana). 81% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.

Stonewall at a glance

Stonewall Louisiana U.S.
Median home value $277,300 $216,500 $332,700
Median property tax paid per year $1,345 $1,180 $3,119
Property tax as a share of value 0.49% 0.55% 0.94%
Median household income $56,557 $60,756 $80,734
Homes lived in by their owners 81% 67% 65%
Owner homes with a mortgage 48% 52% 61%
Median monthly costs, owners with a mortgage $1,685 $1,604 $1,963
Those costs as a share of the owners' income 26.1% 20.4% 21.0%
Median rent $1,011 $1,064 $1,413
Rent as a share of renters' income 35.3% 32.8% 30.6%
Median year homes were built 1991 1983 1980
Vacant homes 6.3% 14.4% 10.1%
Population 2,392 4,611,961 334,922,499

What a typical home costs per month in Stonewall

At this week's average 30-year rate of 7.11%, buying the median Stonewall home of $277,300 with 20% down costs about $1,721 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,183, 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 $73,761 for the 20%-down payment. That payment is 37% of the median Stonewall household income of $56,557; at that income and 20% down, the 28% guideline points to a home of about $213,000.

The median rent here is $1,011 a month, so owning the median home costs about $710 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$55,460
Loan amount$221,840
Principal and interest$1,492
Property taxes (0.49% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$116
PMI$0
Total per month$1,721

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3.5% down, 30-year FHA loan
Down payment$9,706
Loan amount$272,277
Principal and interest$1,832
Property taxes (0.49% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$116
FHA mortgage insurance$123
Total per month$2,183

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Questions about home buying in Stonewall

What is the median home value in Stonewall?

About $277,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Stonewall?

Homeowners pay a median $1,345 a year, which is about 0.49% 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 Stonewall?

For the median home with 20% down at 7.11%, the payment is about $1,721 a month. Keeping that under 28% of gross income takes about $73,761 a year.

More about Stonewall

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