The 71203 housing market is somewhat competitive. The median sale price of a home in 71203 was $241K last month, up 19.3% since last year. The median sale price per square foot in 71203 is $125, up 5.0% since last year.
In July 2025, 71203 home prices were up 19.3% compared to last year, selling for a median price of $241K. On average, homes in 71203 sell after 30 days on the market compared to 49 days last year. There were 108 homes sold in July this year, up from 89 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$241,000
+19.3% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
71203, LA
$241,000
+19.3%
United States
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How hot is the 71203 housing market?
71203 is somewhat competitive. Homes sell in 32.5 days.
0
100
62
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 33 days.
Hot homes
can sell for around list price and go pending in around 7 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 71203 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 71203.
Flood Factor - Moderate
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
71203 has a moderate risk of flooding. 2,144 properties in 71203 are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in 71203. Flood risk is increasing faster than the national average.
53% of properties are at risk of wildfire over the next 30 years
Fire Factor
71203 has a moderate risk of wildfire. There are 9,649 properties in 71203 that have some risk of being affected by wildfire over the next 30 years. This represents 53% of all properties in 71203.
52% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
71203 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 71203 is most at risk from hurricanes. 9,561 properties in 71203 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 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 127 mph.