Market Intelligence · LA / Monroe

Monroe, LA 71202 Housing Market

The typical home value in Monroe 71202 is $63,441, up 3.9% over the past year. Homes on the market have a median list price of $119,000 and spend a median of 78 days listed before sale.

Updated September 2026Median value$63K

The median home value in Monroe, LA 71202 is $63K as of September 2026, up 3.9% 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 71202 range

$58K to $69K

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

+3.9% over 12 months

Aug 2025$61K

Low $60KHigh $63K

Aug 2026$63K

The numbers

What is the 71202 housing market like?

As of September 2026

Typical home value

$63K

3.9%YoY

Median list price

$119K

11.9%MoM

Days on market

25.8%MoM

Homes for sale

8.3%MoM

Price cuts

6.9%

68.9%MoM

New listings

50.0%MoM

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

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The comparison

How do 71202 home prices compare?

71202$63,441
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 71202 ZIP has 13 homes for sale as of September 2026, with 2 new listings entering the market. At 78 days median time on market, homes are taking a moderate amount of time to find buyers. Only 6.9% of listings carry a price cut, suggesting sellers are holding firm on their asking prices despite a modest yearly appreciation of 3.9%. The gap between typical home value and median list price reflects a market where asking prices are significantly higher than what most homes in the area are worth. If you're considering selling, expect a patient buyer pool and plan accordingly.

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Common questions

What people ask us.

What is the typical home value in Monroe 71202?

The typical home value is $63,441, which has increased 3.9% over the past year.

How long do homes typically stay on the market?

Homes in this ZIP spend a median of 78 days on the market before selling.

How many homes are currently for sale in 71202?

There are 13 homes for sale, with 2 new listings as of September 2026.

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