New - 2 days on RocketVideo tour
$8,324 Closing Credit¹
#20831607, Tammie Harris, Listing Office: Rachel & Co. Realty
71107 Housing Market Report January 2025•Caddo County, Louisiana
Housing Prices in 71107, LA
How much do homes in 71107, LA cost?
Housing Market Conditions
Is 71107, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
71107 is a Neutral Market
Difference Since January 2024
Since last year, 71107 has remained a Neutral Market.
Insight
71107 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
$199,000$118/SqFt
-$21,000
-9.5%
Based on all homes sold in the last 12 months
Insight
Homes in 71107 have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in 71107 was $199,000 in January 2025, down 9.5% from last year, and the median price per square foot was $118.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $85K | $135.5K | +59.4% |
| 33 Bedrooms | $195K | $185K | -5.1% |
| 44 Bedrooms | $285.5K | $247K | -13.5% |
| 55+ Bedrooms | $334.1K | $361.9K | +8.3% |
Summary: 71107 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 increased by +59.4%. The home price for 3 bedroom homes decreased by -5.1%. The home price for 4 bedroom homes decreased by -13.5%. The home price for 5 bedroom homes increased by +8.3%.
Housing supply in 71107, LA
How many homes are available in 71107, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 96Last MonthJan 2025 | ||
| 812 months agoDec 2024 | +18.5 % Change MoMDec – Jan |
Summary: The 71107 real estate market had 96 homes for sale in Jan 2025, a 18.5 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthJan 2025 | ||
| 102 months agoDec 2024 | +60.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 11 | 8 | -27.3% |
| 33 Bedrooms | 48 | 62 | +29.2% |
| 44 Bedrooms | 20 | 24 | +20.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: 71107 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 -27.3%. The inventory for 3 bedroom homes increased by +29.2%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 71107, LA cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in 71107, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 71107 in January 2025, up by 60.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and and 13% were sold over asking.
Days on Market for 71107, LA
How long does it take to sell a home in 71107, LA?
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 0 DaysThis YearJan 2025 | ||
| 86 Days1 year agoJan 2024 | 0.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 71107 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 71107, LA
What homes are available in 71107, LA?
New - 3 days on RocketVideo tour
$10,000 Closing Credit¹
#20831271, Adam Lytle, Listing Office: Berkshire Hathaway HomeServices Ally Real Estate
New - 5 days on RocketVideo tour
$2,672 Closing Credit¹
#20830449, Jan Smith, Listing Office: Century 21 Elite
New - 5 days on RocketVideo tour
#20809207, Chris Terry, Angela Terry, Listing Office: Century 21 Elite
New - 5 days on RocketVideo tour
#20830023, Jayne Tappe, Listing Office: I AM Real Estate, LLC
New - 6 days on RocketVideo tour
$3,324 Closing Credit¹
#20828895, Pam Burnside, Listing Office: Pinnacle Realty Advisors
Video tour
$4,583 Closing Credit¹
#20826994, Latonya Marshall, Listing Office: Mahoney Elite Realty, LLC
Video tour
$10,000 Closing Credit¹
#20825980, Lisa Hargrove, Listing Office: Coldwell Banker Apex, REALTORS
Backup offers
#20825171, Pam Burnside, Listing Office: Pinnacle Realty Advisors
Video tour
$2,363 Closing Credit¹
#20824043, Brooke Huff, Listing Office: East Bank Real Estate
Video tour
#20822072, Janet Rankin, Listing Office: Coldwell Banker Apex, REALTORS
Video tour
$3,300 Closing Credit¹
#20822366, Dena West, Listing Office: Pinnacle Realty Advisors
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MLS Disclaimers and Copyright
Based on information from North Texas Real Estate Information Systems Inc., and ROAM MLS 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: 2/3/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.