The story of this market
The typical home in West Monroe, Louisiana sells for about $285,000, or $145 per square foot.
Prices are up +6.13% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
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.
West Monroe, Louisiana
The West Monroe housing market shows signs of price appreciation, with median listing prices rising over 6% year-over-year. While inventory remains relatively tight, the market is balancing affordability challenges with steady demand. Future growth is tied to ongoing downtown revitalization and the city's role as a regional commercial hub.
No ARED county foreclosure postings attributed to West Monroe yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports of 2 — 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.
Median prices moved up 15.6% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.6% · poverty 26.3% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large municipal park offering walking trails, playgrounds, and picnic areas, serving as a primary outdoor hub for residents.
A historic downtown shopping district featuring numerous antique shops, boutiques, and local dining, which drives tourism and local economic activity.
West Monroe is well-suited for families seeking a suburban lifestyle with access to outdoor recreation, as well as budget-conscious buyers looking for value in a community with a small-town feel and proximity to the larger Monroe employment hub.
The city is served by the Ouachita Parish School System, which provides a range of public educational options for local families.
The city is bisected by Interstate 20, providing primary east-west connectivity, while local transit is largely dependent on private vehicle ownership.
West Monroe offers significant recreational amenities, including the expansive Kiroli Park, which features trails, playgrounds, and gardens, alongside access to the Ouachita River for boating and fishing.
The rental market in West Monroe is characterized by a mix of single-family homes and multi-family units, with recent data indicating a notable increase in median asking rents as demand for affordable housing remains steady.
The economy is driven by retail, healthcare, and manufacturing sectors, with the city serving as a commercial center within Ouachita Parish.
The local economy is anchored by a mix of retail, manufacturing, and service industries, with ongoing efforts to revitalize the downtown corridor and attract small business investment.
Ongoing efforts focus on the revitalization of the downtown riverfront area to enhance commercial and residential appeal.
Parcels in West Monroe are subject to standard municipal and parish-level taxing districts, including school and fire protection districts.
West Monroe is situated in a region prone to flood risks, particularly near the Ouachita River, necessitating careful consideration of flood insurance and elevation requirements for property owners.
Property insurance premiums in the area are influenced by regional flood risk profiles and the proximity to the Ouachita River.
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.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau ACS profiles for West Monroe city, Louisiana.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.