Market Intelligence · LA / Monroe

Monroe, LA 71201 Housing Market

The typical home in Monroe, LA 71201 is worth $215,096, up 1.2% over the past year. The median list price sits at $317,025, with homes spending 48 days on the market as of September 2026.

Updated September 2026Median value$215K

The median home value in Monroe, LA 71201 is $215K as of September 2026, up 1.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 71201 range

$198K to $232K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.2% over 12 months

Aug 2025$213K

Low $212KHigh $215K

Aug 2026$215K

The numbers

What is the 71201 housing market like?

As of September 2026

Typical home value

$215K

1.2%YoY

Median list price

$317K

3.2%MoM

Days on market

9.1%MoM

Homes for sale

13.2%MoM

Price cuts

14.6%

9.7%MoM

New listings

8.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (September 2026) / FRED (October 2026)

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The comparison

How do 71201 home prices compare?

71201$215,096
Monroe$188,646
Louisiana$189,166
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Monroe: 3 ZIPs; Louisiana: 345 ZIPs; United States: 26,265 ZIPs).

Context

Monroe's housing market shows steady activity. There are 43 homes for sale, with 26 new listings added in September 2026. The median time on market of 48 days suggests homes are moving at a moderate pace. A notable 14.6% of listings have seen a price cut, indicating some sellers are adjusting expectations to compete. For homeowners considering a sale, this is a balanced market where pricing strategy matters.

Monthly payment

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Home price

Down payment20% · $43,019

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Common questions

What people ask us.

What is the typical home value in Monroe, LA 71201?

The typical home value is $215,096, and it has risen 1.2% over the past year.

How long do homes take to sell in 71201?

As of September 2026, the median time on market is 48 days.

What share of homes have had price reductions?

14.6% of listings have received a price cut as of September 2026.

Discover

Nearby ZIP markets.

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