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Prospect, LA Home Values and Rents
The median home value in Prospect is $173,000.
- Median home value
- $173,000
- ACS 2020-2024
- Price change, 1 year
- -14.2%
- County index, 2025
- Homeownership
- 100.0%
- LA: 67.4%
Grant Parish home price trend
FHFA annual House Price Index for Grant Parish, 2000 = 100, compared with Louisiana
Show as a table
| Period | Grant Parish |
|---|---|
| 2025 | 176 |
| 2024 | 206 |
| 2023 | 199 |
| 2022 | 191 |
| 2021 | 171 |
| 2020 | 159 |
| 2019 | 159 |
| 2018 | 157 |
| 2017 | 150 |
| 2016 | 150 |
| 2015 | 148 |
| 2014 | 144 |
| 2013 | 138 |
| 2012 | 138 |
| 2011 | 138 |
Beta
Over five years, Grant Parish prices changed +10.7%, compared with +16.3% for Louisiana.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Alexandria, LA MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $757 | +4.0% |
| 1 bedroom | $796 | +2.1% |
| 2 bedrooms | $995 | +0.1% |
| 3 bedrooms | $1,341 | -0.1% |
| 4 bedrooms | $1,468 | -3.6% |
Frequently asked questions
- What is the median home value in Prospect, LA?
- The median home value in Prospect is $173,000, based on the American Community Survey 2020-2024 5-year estimates. The Louisiana median is $216,500.
- Are home prices going up in Prospect?
- Home prices in Grant Parish changed -14.2% over one year and +10.7% over five years, as of 2025.