The 71201 housing market is somewhat competitive. The median sale price of a home in 71201 was $248K over the last 3 months, down 6.2% since the same period last year. The median sale price per square foot in 71201 is $129, up 10.3% since last year.
Over the three months ending June 2026, 71201 home prices were down 6.2% compared to the same period last year, selling for a median price of $248K. On average, homes in 71201 sell after 23 days on the market compared to 16 days last year. There were 68 homes sold in June this year, down from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$248,444
-6.2% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
71201, LA
$248,444
-6.2%
United States
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How hot is the 71201 housing market?
71201 is somewhat competitive. Homes sell in 29.5 days.
0
100
57
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 3% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 3 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
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
71201 has a minor risk of flooding. 722 properties in 71201 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 71201. Flood risk is increasing slower than the national average.
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.