The story of this market
The typical home in ZIP 71201 sells for about $250,000, or $137 per square foot.
Homes take about 25 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,325 a month.
ZIP 71201 — Monroe
The 71201 housing market is currently balanced with a median sale price of $250,000. Market activity is driven by steady demand in established neighborhoods, though inventory remains limited. Figures for specific metrics like price cuts and months of supply are not currently published at the ZIP level.
This ZIP is well-suited for families and professionals seeking established neighborhoods with proximity to Monroe's city center and local schools.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 25 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 21.4% — a mixed stability profile.
ZCTA 71201, Ouachita Parish, LA
The ZIP is served by the Monroe City School District, which includes institutions such as Neville High School.
The area features established residential neighborhoods and proximity to Monroe's central commercial districts.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
The mean travel time to work for residents is approximately 17.1 minutes.
The area includes local parks and proximity to the Ouachita River corridor, with various shopping and dining options along Forsythe Avenue.
The rental market is diverse, with median rents for 2-bedroom units typically ranging from $500 to $1,050 depending on property quality and location.
The local economy is anchored by the Monroe metropolitan area, with a mix of education, healthcare, and retail sectors.
Parcels are served by the Monroe City School District.
Data retrieved from Census Reporter and US Census Bureau ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
A prominent public high school serving the local community.
Provides recreational access and scenic views near the city center.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.