71203 Home Values & Market Trends

There are 20 homes currently listed for 71203. 71203 real estate market trends show that home prices range from $64,900 to $499,999, and the median sales price in the 71203 zip code is $161,408.08. The total number of properties sold within the past twelve months is 290. In 71203, 54 properties are in foreclosure, 0 are bank owned properties,and 11 are headed for auction.

71203 Real Estate Market Overview

CityMedian Est. Value
Monroe

$ 165,822

$ 94/sqft

Housing Market Summary for 71203

Mar 2023February 2024Change
Median Listing Price$230K$171.6K-25.38%
Median Sold Price$170K$171.6K0.96%
Homes For Sale2119-9.52%
Homes Sold11872-38.98%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 71203

The median list price of a home in Monroe, is $161,408.08. A total of 20 properties are for sale, and the percentage of properties for sale in the zip code is 20.00%. The total count of 71203 properties is 12,027.

Foreclosure
There is 1 cities within 71203; within this cities, the median estimated home value for homes in foreclosure ranges from $518,543 in monroe to the lowest value of $11,550 in monroe. Foreclosure homes account for 0.00% of properties in 71203 with monroe containing 109 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in 71203 with monroe containing 90 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 71203; of that cities, the estimated home value for pre-foreclosure homes ranges from $518,543 in monroe to the lowest home value of $11,550 in monroe.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 71203 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 71203. There is 1 cities within 71203; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    monroe has 19 auction properties, the highest number of properties going to auction in a single city in the state of 71203. Auction homes and other auction properties account for 0.09% of all properties in 71203. There is 1 cities within 71203; of that cities, the median estimated home value for homes going to auction ranges from $502,472 in monroe to the lowest value of $31,991 in monroe.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in 71203 with monroe containing 38 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 71203; homes for sale in that cities, have a range of median values from $1,960,358 in monroe to the lowest value of $46,424 in monroe.
    Sold Homes
    The median value for recently sold homes ranges from $1,090,190 in monroe to the lowest price of $9,077 in monroe. There is 1 cities within 71203. monroe has 203 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.62% of properties in 71203.

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      Guide for 71203

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes 71203

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