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Buying a home in Sun, Louisiana

The typical owner-occupied home in Sun is worth about $160,700, 26% below the Louisiana median of $216,500 and 52% below the national median of $332,700. 85% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.

Sun at a glance

Sun Louisiana U.S.
Median home value $160,700 $216,500 $332,700
Median property tax paid per year – $1,180 $3,119
Median household income – $60,756 $80,734
Homes lived in by their owners 85% 67% 65%
Owner homes with a mortgage 47% 52% 61%
Median monthly costs, owners with a mortgage $2,114 $1,604 $1,963
Those costs as a share of the owners' income 21.9% 20.4% 21.0%
Median rent $883 $1,064 $1,413
Rent as a share of renters' income 41.7% 32.8% 30.6%
Median year homes were built 1991 1983 1980
Vacant homes 16.7% 14.4% 10.1%
Population 381 4,611,961 334,922,499

What a typical home costs per month in Sun

At this week's average 30-year rate of 7.11%, buying the median Sun home of $160,700 with 20% down costs about $1,079 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,347, 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 $46,247 for the 20%-down payment.

The median rent here is $883 a month, so owning the median home costs about $196 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$32,140
Loan amount$128,560
Principal and interest$865
Property taxes (1.10% a year)$147
Homeowners insurance (our estimate, 0.5% a year)$67
PMI$0
Total per month$1,079

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3.5% down, 30-year FHA loan
Down payment$5,624
Loan amount$157,789
Principal and interest$1,061
Property taxes (1.10% a year)$147
Homeowners insurance (our estimate, 0.5% a year)$67
FHA mortgage insurance$71
Total per month$1,347

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Questions about home buying in Sun

What is the median home value in Sun?

About $160,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

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

For the median home with 20% down at 7.11%, the payment is about $1,079 a month. Keeping that under 28% of gross income takes about $46,247 a year.

More about Sun

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