The story of this market
The typical home in ZIP 71292 sells for about $265,000, or $125 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $995 a month.
ZIP 71292 — West Monroe
The housing market in 71292 is currently stable, characterized by a median sale price of $265,000 and a balanced inventory. Market activity remains steady with a 98.6% sale-to-list ratio, reflecting consistent demand for residential properties in the West Monroe area.
This ZIP is well-suited for families and local workers seeking affordable housing options within the West Monroe community.
Median prices moved up 1.7% year over year.
Homes spend a median of 57 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 14.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71292, Ouachita Parish LA
Schools in the area are part of the Ouachita Parish School District, which serves the broader West Monroe region.
The area is subject to regional flood risks associated with the Ouachita River basin and requires standard property insurance coverage.
Economic momentum is driven by local retail, healthcare, and manufacturing sectors in the West Monroe and Monroe metropolitan area.
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.
Residents primarily commute by car toward the employment hubs of West Monroe and downtown Monroe via I-20.
The area features access to local parks, proximity to the Ouachita River for water activities, and various shopping centers along the main commercial corridors.
The rental market is characterized by a mix of single-family homes and multi-family units with moderate vacancy pressure.
The economy is anchored by healthcare, education, and retail trade, with significant employment provided by the Ouachita Parish school system and local medical centers.
The area is served by I-20, providing primary east-west connectivity through the region.
Ongoing infrastructure maintenance and small-scale commercial infill projects are typical for the area.
The Ouachita Parish Assessor maintains property valuations for tax purposes.
Parcels are subject to Ouachita Parish school and municipal tax districts.
Property insurance premiums are influenced by regional flood zone designations and standard wind/hail risk profiles.
Data retrieved from data.census.gov using ZCTA 71292 profile.
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.
Major regional waterway providing recreational boating and fishing access.
Centralized retail and dining area serving the local population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.