71037 — Bossier Parish, Louisiana Market Snapshot
Housing market data for zip code 71037 in Bossier Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
80 sales in 2026 (year to date)
Median Sale Price
$269,450
Days to Sell
65
Homes Sold
80
Inventory
59
Sale-to-List
98.8%
New Listings
84
Price/SqFt
$153
Pending Sales
95
Conforming Loan Available
Most homebuyers in 71037 can comfortably use conventional financing. The median home price of $269,450 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, 71037 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 71037 (98.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 71037 can comfortably use conventional financing. The median home price of $269,450 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 71037 are set at the county level.
2026 Loan Limits — Bossier 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 71037
To purchase the median home at $269,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,214.
Monthly Payment
$2,214
Income Required
$94,905
Principal & Interest
$1,660/mo
Down Payment (5%)
$13,473
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 71037.
Estimated Monthly Payment
$1,818
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