Explore Similar Condos Within 25 Miles of Houma, LA

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Why Live in Houma

Houma's rich Cajun heritage comes alive through its vibrant downtown murals, historic Southdown Plantation, and authentic local festivals. The city's extensive bayou system creates endless opportunities for fishing, airboat tours, and wildlife viewing at spots like Mandalay National Wildlife Refuge. Local restaurants showcase the region's culinary traditions, from authentic Cajun dishes at A-Bear's Cafe to fresh seafood at Big Al's. Cultural attractions include the Terrebonne Museum, Finding Our Roots African American Museum, and the architecturally significant St. Francis de Sales Cathedral.

The Houma housing market features a median sale price of $225,000, with approximately 300 homes currently listed between $74,000 and $1,090,000. Single family homes in Downtown Houma have a median price of $235,000, while the Manchester neighborhood commands a median price of $465,000. The Lakes area features single family homes with a median price of $375,000. More affordable options exist in Elysian Park, where single family homes have a median price of $114,200.

The overall cost of living in Houma sits 7.7% below the national average. A family with school age children needs approximately $97,000 annually to live comfortably, while renters should aim for $52,000. Monthly housing costs average $2,000 for homeowners and $1,800 for renters. Groceries run about $1,500 monthly for families and $700 for renters. The combined sales tax rate is 10.12%, including a 5% state rate and 5.12% local rate. Louisiana's state income tax rate is 3%. Notable public schools include Mulberry Elementary School and Terrebonne High School, both rated A minus by Niche. The private Messiah Montessori School also maintains an A minus rating across all grade levels.

Home Trends in Houma, LA

Housing Trends

Median Sale Price
$230,000
Median Single Family Sale Price
$260,990
Median Townhouse Sale Price
$209,000
Average Price Per Sq Ft
$136
Number of Homes for Sale
253
Last 12 months Home Sales
185
Months of Supply
16.40
Median List Price
$263,745
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%
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