The 71201 housing market is somewhat competitive. The median sale price of a home in 71201 was $258K last month, up 12.7% since last year. The median sale price per square foot in 71201 is $108, down 4.0% since last year.
In January 2025, 71201 home prices were up 12.7% compared to last year, selling for a median price of $258K. On average, homes in 71201 sell after 45 days on the market compared to 40 days last year. There were 44 homes sold in January this year, down from 51 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$258,136
+12.7% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
71201, LA
$258,136
+12.7%
United States
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How hot is the 71201 housing market?
71201 is somewhat competitive. Homes sell in 40 days.
0
100
68
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 around list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 11 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 71201 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 71201.
Flood Factor - Minor
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
71201 has a minor risk of flooding. 2,291 properties in 71201 are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in 71201. Flood risk is increasing faster than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
71201 has a moderate risk of wildfire. There are 742 properties in 71201 that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in 71201.
55% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
71201 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 71201 is most at risk from hurricanes. 7,219 properties in 71201 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 109 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 113 mph.