Market Intelligence · LA / Monroe

Monroe, LA 71203 Housing Market

The typical home in Monroe, LA 71203 is valued at $188,646, up 1.6% over the past year. Homes are listed at a median price of $266,225 and spend a median of 53 days on the market.

Updated September 2026Median value$189K

The median home value in Monroe, LA 71203 is $189K as of September 2026, up 1.6% 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 71203 range

$174K to $204K

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

+1.6% over 12 months

Aug 2025$186K

Low $186KHigh $189K

Aug 2026$189K

The numbers

What is the 71203 housing market like?

As of September 2026

Typical home value

$189K

1.6%YoY

Median list price

$266K

11.3%MoM

Days on market

7.0%MoM

Homes for sale

15.7%MoM

Price cuts

17.7%

27.1%MoM

New listings

16.7%MoM

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

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The comparison

How do 71203 home prices compare?

71203$188,646
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

As of September 2026, there are 43 homes for sale in this ZIP code, with 20 new listings added recently. The median list price sits at $266,225, while homes typically stay on the market for 53 days. About 17.7% of listings have seen a price cut, suggesting some sellers are adjusting expectations. For homeowners considering a sale, the market shows modest appreciation but also signs of slower movement and price pressure.

Monthly payment

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Home price

Down payment20% · $37,729

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Common questions

What people ask us.

What is the typical home value in 71203?

The typical home value in Monroe, LA 71203 is $188,646, which has increased 1.6% over the past year.

How long do homes typically stay on the market here?

Homes in this ZIP code spend a median of 53 days on the market as of September 2026.

What share of homes have had price cuts?

As of September 2026, 17.7% of listings in 71203 have had a price cut.

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