New - 1 day on RocketVideo tour
$1,069 Closing Credit¹
#20837420, Robert Roy, Listing Office: Century 21 Elite
71047 Housing Market Report January 2025•Caddo County, Louisiana
Housing Prices in 71047, LA
How much do homes in 71047, LA cost?
Housing Market Conditions
Is 71047, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
71047 is a Neutral Market
Difference Since January 2024
At the same time last year, 71047 was a Seller's Market.
Insight
71047 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$250,000$142/SqFt
+$6,250
+2.6%
Based on all homes sold in the last 12 months
Insight
Homes in 71047 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 71047 was $250,000 in January 2025, up 2.6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $119K | N/A |
| 33 Bedrooms | $238K | $233.7K | -1.8% |
| 44 Bedrooms | $289K | $365K | +26.3% |
| 55+ Bedrooms | $549.9K | $407.2K | -26.0% |
Summary: 71047 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -1.8%. The home price for 4 bedroom homes increased by +26.3%. The home price for 5 bedroom homes decreased by -26.0%.
Housing supply in 71047, LA
How many homes are available in 71047, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthJan 2025 | ||
| 272 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The 71047 real estate market had 27 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 20 | 20 | 0.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: 71047 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 71047, LA cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in 71047, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 71047 in January 2025, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for 71047, LA
How long does it take to sell a home in 71047, LA?
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 0 DaysThis YearJan 2025 | ||
| 62 Days1 year agoJan 2024 | 0.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 71047 had an average listing age of 0 days in Jan 2025, down by .0% compared to the previous year.
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Newest Listings in 71047, LA
What homes are available in 71047, LA?
New - 3 days on RocketVideo tour
$1,780 Closing Credit¹
#20831961, Adam Lytle, Leslie Hankins, Listing Office: Berkshire Hathaway HomeServices Ally Real Estate
Video tour
#20822104, Shelly Wagner, Sean Peterson, Listing Office: Shelly Wagner & Associates + JPAR Real Estate
Video tour
$8,311 Closing Credit¹
#20811108, Linda Christiansen, Listing Office: Little Realty Inc
Video tour
$1,247 Closing Credit¹
#20813088, Scott Friestad, Listing Office: Friestad Realty
Video tour
$2,304 Closing Credit¹
#20809933, Anthony Giglio, Listing Office: Top Brokerage LLC
Video tour
$3,739 Closing Credit¹
#20800857, Dotti Bryant, Listing Office: Coldwell Banker Apex, REALTORS
Video tour
$3,503 Closing Credit¹
#20800358, Mindy Wardlaw, Listing Office: Pinnacle Realty Advisors
Video tour
$815 Closing Credit¹
#20786933, Scott Friestad, Listing Office: Friestad Realty
Video tour
$3,194 Closing Credit¹
#20780487, Shawn Warner, Penny Warner, Listing Office: Pinnacle Realty Advisors
#20778648, Nancy Morgan, Cindi Estep, Listing Office: Estep & Associates Real Estate Services, LLC
Video tour
$2,791 Closing Credit¹
#20778159, Shelly Wagner, Listing Office: Shelly Wagner & Associates + JPAR Real Estate
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MLS Disclaimers and Copyright
Based on information from North Texas Real Estate Information Systems Inc., for the period 02/01/2023 - 02/01/2025
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/9/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.