71201 — Ouachita Parish, Louisiana Market Snapshot
Housing market data for zip code 71201 in Ouachita Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
53 sales in 2026 (year to date)
Median Sale Price
$248,000
Days to Sell
23
Homes Sold
53
Inventory
44
Sale-to-List
97.3%
New Listings
71
Price/SqFt
$126
Pending Sales
73
Conforming Loan Available
Most homebuyers in 71201 can comfortably use conventional financing. The median home price of $248,000 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
Homes in 71201 are moving quickly at 23 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 71201 sells for 2.7% below asking price (97.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 71201 can comfortably use conventional financing. The median home price of $248,000 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 71201 are set at the county level.
2026 Loan Limits — Ouachita 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 71201
To purchase the median home at $248,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,050.
Monthly Payment
$2,050
Income Required
$87,861
Principal & Interest
$1,528/mo
Down Payment (5%)
$12,400
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 71201.
Estimated Monthly Payment
$1,685
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 71201. Tell us what you're looking for.