71129 — Caddo Parish, Louisiana Market Snapshot
Housing market data for zip code 71129 in Caddo Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$214,950
Days to Sell
65
Homes Sold
22
Inventory
17
Sale-to-List
99.8%
New Listings
25
Price/SqFt
$128
Pending Sales
18
Conforming Loan Available
Most homebuyers in 71129 can comfortably use conventional financing. The median home price of $214,950 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
With homes sitting for 65 days on average, 71129 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 71129 (99.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 71129 can comfortably use conventional financing. The median home price of $214,950 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 71129 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 71129
To purchase the median home at $214,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,797.
Monthly Payment
$1,797
Income Required
$77,009
Principal & Interest
$1,324/mo
Down Payment (5%)
$10,748
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 71129.
Estimated Monthly Payment
$1,480
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