The story of this market
The typical home in ZIP 71202 sells for about $135,000, or $71 per square foot.
Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $775 a month.
ZIP 71202 — Monroe
The 71202 housing market is characterized by very low median home values and rental prices compared to national benchmarks. Market data for inventory, sales volume, and tax rates are not currently published at the ZIP level. The area is identified as a seller-favored market with limited active listings.
This ZIP code is primarily suited for budget-conscious buyers looking for low-cost housing options compared to the national and regional averages.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 48 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 71202, Ouachita County LA
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.
Rentals in 71202 are most commonly 3+ bedrooms with a median asking rent of $775.
Data retrieved from AtlasBig and UnitedStatesZipCodes.org based on ACS 2023 estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.