#20839844, Sabra Collier, Listing Office: RE/MAX UNITED
71106 Housing Market Report January 2025•Caddo County, Louisiana
Housing Prices in 71106, LA
How much do homes in 71106, LA cost?
Housing Market Conditions
Is 71106, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
71106 is a Buyer's Market
Difference Since January 2024
At the same time last year, 71106 was a Neutral Market.
71106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 71106 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 71106 was $312,266 in January 2025, up 0.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $50K | $55.5K | +11.0% |
22 Bedrooms | $129.5K | $95K | -26.6% |
33 Bedrooms | $265K | $270K | +1.9% |
44 Bedrooms | $374K | $410K | +9.6% |
55+ Bedrooms | $675K | $585K | -13.3% |
Summary: 71106 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.0%. The home price for 2 bedroom homes decreased by -26.6%. The home price for 3 bedroom homes increased by +1.9%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes decreased by -13.3%.
Housing supply in 71106, LA
How many homes are available in 71106, LA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
213Last MonthJan 2025 | ||
2112 months agoDec 2024 | +0.9 % Change MoMDec – Jan |
Summary: The 71106 real estate market had 213 homes for sale in Jan 2025, a 0.9 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
21Last MonthJan 2025 | ||
322 months agoDec 2024 | -34.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 21 | 18 | -14.3% |
33 Bedrooms | 91 | 95 | +4.4% |
44 Bedrooms | 78 | 78 | 0.0% |
55+ Bedrooms | 21 | 22 | +4.8% |
Summary: 71106 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 decreased by -14.3%. The inventory for 3 bedroom homes increased by +4.4%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +4.8%.
Asking Price vs. Sold Price
How much do homes in 71106, LA cost?
Over Asking Price1 Home
At Asking Price11 Homes
Under Asking Price9 Homes
If you're buying a home in 71106, expect to pay close to the asking price. 52.4% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in 71106 in January 2025, down by 34.4% month-over-month. Of the 21 sold homes, 43% were sold under asking, 52% were sold at asking, and and 5% were sold over asking.
Days on Market for 71106, LA
How long does it take to sell a home in 71106, LA?
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
0 DaysThis YearJan 2025 | ||
94 Days1 year agoJan 2024 | 0.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 71106 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 71106, LA
What homes are available in 71106, LA?
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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
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/9/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.