The 71118 housing market is somewhat competitive. The median sale price of a home in 71118 was $173K last month, down 2.5% since last year. The median sale price per square foot in 71118 is $102, down 3.8% since last year.
In June 2025, 71118 home prices were down 2.5% compared to last year, selling for a median price of $173K. On average, homes in 71118 sell after 50 days on the market compared to 48 days last year. There were 46 homes sold in June this year, down from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$172,500
-2.5% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
71118, LA
$172,500
-2.5%
United States
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How hot is the 71118 housing market?
71118 is somewhat competitive. Homes sell in 50 days.
0
100
53
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 29 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 71118 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 71118.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
71118 has a minor risk of flooding. 446 properties in 71118 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 71118. Flood risk is increasing slower than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
71118 has a moderate risk of wildfire. There are 6,923 properties in 71118 that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in 71118.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
71118 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 71118 is most at risk from hurricanes. 8,648 properties in 71118 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.