New - 13 hours on Rocket
$4,156 Closing Credit¹
#20833639, Sydney Cowgill, Listing Office: Pinnacle Realty Advisors
71108 Housing Market Report January 2025•Caddo County, Louisiana
Housing Prices in 71108, LA
How much do homes in 71108, LA cost?
Housing Market Conditions
Is 71108, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
71108 is a Neutral Market
Difference Since January 2024
At the same time last year, 71108 was a Seller's Market.
Insight
71108 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
$45,000$42/SqFt
+$1,750
+4.0%
Based on all homes sold in the last 12 months
Insight
Homes in 71108 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 71108 was $45,000 in January 2025, up 4% from last year, and the median price per square foot was $42.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $22.5K | $37.4K | +66.4% |
| 22 Bedrooms | $33K | $29K | -12.1% |
| 33 Bedrooms | $55K | $54K | -1.8% |
| 44 Bedrooms | $75.6K | $64.5K | -14.7% |
| 55+ Bedrooms | - | $117.5K | N/A |
Summary: 71108 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +66.4%. The home price for 2 bedroom homes decreased by -12.1%. The home price for 3 bedroom homes decreased by -1.8%. The home price for 4 bedroom homes decreased by -14.7%. The home price for 5 bedroom homes did not change.
Housing supply in 71108, LA
How many homes are available in 71108, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 104Last MonthJan 2025 | ||
| 1032 months agoDec 2024 | +1.0 % Change MoMDec – Jan |
Summary: The 71108 real estate market had 104 homes for sale in Jan 2025, a 1.0 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 112 months agoDec 2024 | +54.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 41 | 42 | +2.4% |
| 33 Bedrooms | 49 | 50 | +2.0% |
| 44 Bedrooms | 12 | 11 | -8.3% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 71108 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 increased by +2.4%. The inventory for 3 bedroom homes increased by +2.0%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 71108, LA cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in 71108, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 71108 in January 2025, up by 54.5% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and and 18% were sold over asking.
Days on Market for 71108, LA
How long does it take to sell a home in 71108, LA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in 71108 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 17 homes were sold in 71108; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 27 DaysThis YearJan 2025 | ||
| 53 Days1 year agoJan 2024 | -49.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 71108 had an average listing age of 27 days in Jan 2025, down by 49.3% compared to the previous year.
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Newest Listings in 71108, LA
What homes are available in 71108, LA?
New - 5 days on RocketVideo tour
$576 Closing Credit¹
#20825233, Jan Smith, Listing Office: Century 21 Elite
New - 7 days on Rocket
$346 Closing Credit¹
#2484520, Chip Julien, Listing Office: Donald Julien & Associates, Inc.
Video tour
$533 Closing Credit¹
#20827049, Rodrick McIntosh, Kelae Gatlin, Listing Office: Better Homes And Gardens Real Estate Rhodes Realty
$558 Closing Credit¹
#20824258, Candice Cannon, Listing Office: Century 21 Elite
$629 Closing Credit¹
#20824276, Candice Cannon, Listing Office: Century 21 Elite
$475 Closing Credit¹
#20824243, Candice Cannon, Listing Office: Century 21 Elite
Video tour
$380 Closing Credit¹
#20825401, Lee Hall, Listing Office: Diamond Realty & Associates
Video tour
$569 Closing Credit¹
#20809016, Zanita Lundy, Listing Office: Vylla Home
Video tour
$653 Closing Credit¹
#20811684, Christol Britton, Listing Office: Keller Williams Northwest
$505 Closing Credit¹
#20808886, Karen Baker, Listing Office: Coldwell Banker Apex, REALTORS
Video tour
$1,366 Closing Credit¹
#20812118, Jerome Scroggins, Listing Office: Scroggins Executive Realty
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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, 11:20:54 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, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.