71103 — Caddo Parish, Louisiana Market Snapshot

Housing market data for zip code 71103 in Caddo Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

11 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$45,000

50.0% YoYClosed sales

Days to Sell

53

Median, listing to close

Homes Sold

11

Closed in 2026

Inventory

22

Sale-to-List

90.2%

New Listings

25

Price/SqFt

$33

Pending Sales

21

Conforming Loan Available

Most homebuyers in 71103 can comfortably use conventional financing. The median home price of $45,000 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

71103's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 71103 sells for 9.8% below asking price (90.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 71103 can comfortably use conventional financing. The median home price of $45,000 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 71103 are set at the county level.

2026 Loan Limits — Caddo 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 71103

To purchase the median home at $45,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $495.

Monthly Payment

$495

Income Required

$21,205

Principal & Interest

$277/mo

Down Payment (5%)

$2,250

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 71103.

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Estimated Monthly Payment

$429

Principal & Interest$234
Property Tax$45
Insurance$150
Loan Amount$36,000
Total Interest$48,060
Income Required$18,364/yr

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