The story of this market
The typical home in Madison Parish, Louisiana sells for about $84,105.
Prices are down 16.1% from a year ago, which gives buyers more room to negotiate. The biggest natural hazard here is strong wind, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $892 a month.
HUD sets the fair market rent for a 2-bedroom at $892 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Monthly price momentum
Home values since 2015
+0.5%
LA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,235
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
54
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $6,206,482.
Mortgage activity
Home lending in this county
67.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 137 | 67 | 67.9% | 25% | $135,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Madison Parish, Louisiana
The Madison Parish housing market is experiencing a significant downturn, with typical home values declining by 16.1% year-over-year. The parish faces demographic challenges, including a population decline of 10.9% between 2020 and 2025 and a high poverty rate of 34.5%.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 1 city · 2 ZIP reports
Median prices moved up 1.5% year over year.
Homes spend a median of 57 days on market with 7.8 months of supply — a balanced-paced market.
17% of listings have cut prices · homes sell at 96.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 34.5% — a mixed stability profile.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 25
researched Sep 25
| 71282 | Tallulah | $91,200 | $72 | -2.1% | 115 | 94% | 12% | 14 | 42 | $780 | researched Sep 25 |
| 71286 | Tallulah | $145,000 | $98 | +2.4% | 42 | 97.5% | 18% | 6.2 | 85 | $950 | researched Sep 25 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Madison Parish sits at the 18th national percentile for flood hazard, with risk primarily driven by inland rivers and flash flooding rather than coastal exposure.
The local economy is heavily influenced by agriculture, with the parish recording the highest non-irrigated cropland cash rent in Louisiana at $143 per acre.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
The economy is anchored by the agricultural sector, with significant land use for non-irrigated cropland.
Approximately 21.9% of homes located within FEMA-mapped flood zones in the parish carry the required flood insurance policy.
- Poverty Point World Heritage Site4.815.1 mi
- Wild Country Safari Park4.615.6 mi
- Tensas River National Wildlife Refuge4.59.9 mi
- Poverty Point World Heritage Site4.815.1 mi
- Vicksburg National Battlefield4.826.4 mi
- USS Cairo Gunboat and Museum4.825 mi
- Biedenharn Coca-Cola Museum4.224.5 mi
- Vicksburg Civil War Museum4.824.5 mi
- Poverty Point Reservoir State Park4.612.3 mi
- Wild Country Safari Park4.615.6 mi
- Tensas River National Wildlife Refuge4.59.9 mi
- Black Bear Golf Club4.513.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from Census Reporter and US Census Bureau QuickFacts.
applies when — Property located within a condominium regime
The association may adopt budgets and collect assessments for common expenses. Late fees for assessments are capped at 30% of the monthly assessment amount.
R.S. 9:1123.102
Louisiana requires a judicial foreclosure process. The process involves filing a petition, obtaining a judgment, and a sheriff's sale. Specific notice requirements, including posting a sign on the property, apply to residential dwellings.
Louisiana Code of Civil Procedure Article 2293
Sellers must complete a property disclosure document in good faith, disclosing known defects in the property as prescribed by the Louisiana Real Estate Commission.
R.S. 9:3196 through 9:3200; La. Admin. Code tit. 46, § LXVII-3601
Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Louisiana Constitution Article VII, Section 18
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.