71291 — Ouachita Parish, Louisiana Market Snapshot
Housing market data for zip code 71291 in Ouachita Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
128 sales in 2026 (year to date)
Median Sale Price
$259,250
Days to Sell
17
Homes Sold
128
Inventory
49
Sale-to-List
97.8%
New Listings
117
Price/SqFt
$145
Pending Sales
118
Conforming Loan Available
Most homebuyers in 71291 can comfortably use conventional financing. The median home price of $259,250 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 71291 are moving quickly at 17 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 71291 sells for 2.2% below asking price (97.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 71291 can comfortably use conventional financing. The median home price of $259,250 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 71291 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 71291
To purchase the median home at $259,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,136.
Monthly Payment
$2,136
Income Required
$91,555
Principal & Interest
$1,597/mo
Down Payment (5%)
$12,963
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 71291.
Estimated Monthly Payment
$1,754
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