The typical owner-occupied home in Leesville is worth about $118,600, 45% below the Louisiana median of $216,500 and 64% below the national median of $332,700. Owners pay a median $231 a year in property taxes, about 0.19% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $37,500 a year, so the median home costs 3.2 times the median income (3.6 times for Louisiana). 45% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Leesville at a glance
| Leesville | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $118,600 | $216,500 | $332,700 |
| Median property tax paid per year | $231 | $1,180 | $3,119 |
| Property tax as a share of value | 0.19% | 0.55% | 0.94% |
| Median household income | $37,500 | $60,756 | $80,734 |
| Homes lived in by their owners | 45% | 67% | 65% |
| Owner homes with a mortgage | 41% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,030 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 20.4% | 21.0% |
| Median rent | $894 | $1,064 | $1,413 |
| Rent as a share of renters' income | 31.9% | 32.8% | 30.6% |
| Median year homes were built | 1977 | 1983 | 1980 |
| Vacant homes | 23.9% | 14.4% | 10.1% |
| Population | 5,495 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Leesville
At this week's average 30-year rate of 7.11%, buying the median Leesville home of $118,600 with 20% down costs about $706 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $904, 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 $30,277 for the 20%-down payment. That payment is 23% of the median Leesville household income of $37,500; at that income and 20% down, the 28% guideline points to a home of about $147,000.
The median rent here is $894 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,720 |
|---|---|
| Loan amount | $94,880 |
| Principal and interest | $638 |
| Property taxes (0.19% a year) | $19 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $706 |
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| Down payment | $4,151 |
|---|---|
| Loan amount | $116,452 |
| Principal and interest | $783 |
| Property taxes (0.19% a year) | $19 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $904 |
Change the numbers in the calculator
Questions about home buying in Leesville
What is the median home value in Leesville?
About $118,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Leesville?
Homeowners pay a median $231 a year, which is about 0.19% 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 Leesville?
For the median home with 20% down at 7.11%, the payment is about $706 a month. Keeping that under 28% of gross income takes about $30,277 a year.
More about Leesville
- Mortgage Refinance in Leesville
- Debt Relief in Leesville
- Home Equity Loans in Leesville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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