71107 — Bossier Parish, Louisiana Market Snapshot

Housing market data for zip code 71107 in Bossier Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

62 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$239,000

1.1% YoYClosed sales

Days to Sell

58

Median, listing to close

Homes Sold

62

Closed in 2026

Inventory

79

Sale-to-List

99.7%

New Listings

87

Price/SqFt

$134

Pending Sales

85

Conforming Loan Available

Most homebuyers in 71107 can comfortably use conventional financing. The median home price of $239,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

71107's market is balanced with homes taking an average of 58 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 71107 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 71107 can comfortably use conventional financing. The median home price of $239,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 71107 are set at the county level.

2026 Loan Limits — Bossier Parish

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 71107

To purchase the median home at $239,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,981.

Monthly Payment

$1,981

Income Required

$84,906

Principal & Interest

$1,473/mo

Down Payment (5%)

$11,950

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 71107.

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Estimated Monthly Payment

$1,629

Principal & Interest$1,240
Property Tax$239
Insurance$150
Loan Amount$191,200
Total Interest$255,243
Income Required$69,819/yr

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