New - 6 hours on Rocket
$4,738 Closing Credit¹
#20833375, Sarah Toups, Listing Office: Osborn Hays Real Estate, LLC
71115 Housing Market Report January 2025•Caddo County, Louisiana
Housing Prices in 71115, LA
How much do homes in 71115, LA cost?
Housing Market Conditions
Is 71115, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
71115 is a Buyer's Market
Difference Since January 2024
At the same time last year, 71115 was a Seller's Market.
Insight
71115 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$256,000$130/SqFt
+$26,000
+11.3%
Based on all homes sold in the last 12 months
Insight
Homes in 71115 have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in 71115 was $256,000 in January 2025, up 11.3% from last year, and the median price per square foot was $130.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $124.9K | $127K | +1.7% |
| 22 Bedrooms | $125K | $135K | +8.0% |
| 33 Bedrooms | $229.5K | $236K | +2.8% |
| 44 Bedrooms | $344.4K | $390K | +13.2% |
| 55+ Bedrooms | $466.5K | $485K | +4.0% |
Summary: 71115 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.7%. The home price for 2 bedroom homes increased by +8.0%. The home price for 3 bedroom homes increased by +2.8%. The home price for 4 bedroom homes increased by +13.2%. The home price for 5 bedroom homes increased by +4.0%.
Housing supply in 71115, LA
How many homes are available in 71115, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 93Last MonthJan 2025 | ||
| 812 months agoDec 2024 | +14.8 % Change MoMDec – Jan |
Summary: The 71115 real estate market had 93 homes for sale in Jan 2025, a 14.8 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 132 months agoDec 2024 | -15.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 8 | 10 | +25.0% |
| 33 Bedrooms | 44 | 49 | +11.4% |
| 44 Bedrooms | 21 | 25 | +19.0% |
| 55+ Bedrooms | 7 | 8 | +14.3% |
Summary: 71115 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 +25.0%. The inventory for 3 bedroom homes increased by +11.4%. The inventory for 4 bedroom homes increased by +19.0%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in 71115, LA cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in 71115, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 71115 in January 2025, down by 15.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and and 18% were sold over asking.
Days on Market for 71115, LA
How long does it take to sell a home in 71115, LA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in 71115 has remained consistent over time.
Summary: During January 2025, 11 homes were sold in 71115; 0% of homes were sold within 30 days, 9% 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 |
|---|---|---|
| 43 DaysThis YearJan 2025 | ||
| 26 Days1 year agoJan 2024 | +63.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 71115 had an average listing age of 43 days in Jan 2025, up by 63.0% compared to the previous year.
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Newest Listings in 71115, LA
What homes are available in 71115, LA?
New - 9 hours on RocketVideo tour
$2,791 Closing Credit¹
#20833874, Denise Evans, Listing Office: Pelican Realty Advisors
New - 2 days on RocketVideo tour
$5,688 Closing Credit¹
#20833050, Khyaiisha Guidry, Listing Office: Keller Williams Northwest
New - 3 days on RocketVideo tour
$4,548 Closing Credit¹
#20832024, Judy Lovell, Listing Office: Coldwell Banker Apex, REALTORS
New - 4 days on RocketVideo tour
$5,641 Closing Credit¹
#20831189, Karen Baker, Listing Office: Coldwell Banker Apex, REALTORS
New - 5 days on RocketVideo tour
$5,522 Closing Credit¹
#20824218, Lucia Hamel, Listing Office: Keller Williams Northwest
New - 6 days on RocketVideo tour
$2,316 Closing Credit¹
#20828763, Shelly Wagner, Kimberly Head, Listing Office: Shelly Wagner & Associates + JPAR Real Estate
Video tour
$2,969 Closing Credit¹
#20827030, Prentice Tannehill, Listing Office: Century 21 Elite
Video tour
$4,156 Closing Credit¹
#20819567, Tonia Houston, Listing Office: Imperial Realty Group
Video tour
$3,086 Closing Credit¹
#20823013, Heather Kreamer, Sammie Connell-Bynog, Listing Office: RE/MAX Real Estate Services
Video tour
$1,389 Closing Credit¹
#20821990, Elizabeth Holtsclaw, Listing Office: Coldwell Banker Apex, REALTORS
Backup offersVideo tour
$2,611 Closing Credit¹
#20822153, Ansley Rimmer, Listing Office: New Covenant Realty
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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: 2/4/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.