Call or Text (240) SELL-123

ELM GROVE, LA 71051

Real Estate Market Report  ·  Bossier County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
vs 3 last year
Pending
0
0% pending ratio
Median Price
$221,750
⇩ 82.9% vs $1,299,999 last year
Average Price
$1,133,600
⇩ 50.5% vs $2,291,666 last year
Days on Market
130
⇩ 20.7% vs 164 days last year

Market Context

Population: 2,383  ·  Density: 9.7/mi²  ·  Median household income: $67,596

Typical home value: $0  ·  Homeownership: 79.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ELM GROVE, LA real estate market (71051) currently shows 3 active listings. Homes are averaging 130 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 130 days on market compared to 164 days last year.

The median listing price has fallen 82.9% year-over-year, from $1,299,999 to $221,750.

Whether you are buying or selling in ELM GROVE, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ELM GROVE, LA 71051 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 130 now vs 164 last year

Median & Average Pricing

Year over Year
  • Median: $221,750 (-82.9% YoY)
  • Average: $1,133,600 (-50.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.4 miles — 357 listings ($65,987,869 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71051Elm Grove, LA 710510.0 mi3$3,400,800$221,750$1,133,600
71023Doyline, LA 7102310.0 mi15$2,894,460$156,400$192,964
71068Ringgold, LA 7106810.9 mi8$1,021,000$102,000$127,625
71039Heflin, LA 7103913.4 mi2$327,400$163,700$163,700
71105Shreveport, LA 7110514.7 mi106$25,049,814$238,950$236,319
71073Sibley, LA 7107316.8 mi4$1,142,252$284,500$285,563
71067Princeton, LA 7106717.7 mi9$3,664,080$430,208$407,120
71118Shreveport, LA 7111818.3 mi84$15,668,268$189,000$186,527
71101Shreveport, LA 7110118.6 mi28$3,409,196$115,000$121,757
71030Gloster, LA 7103020.0 mi3$1,077,375$323,950$359,125
71109Shreveport, LA 7110920.5 mi80$5,314,240$41,000$66,428
71016Castor, LA 7101624.0 mi3$588,000$118,000$196,000
71052Mansfield, LA 7105224.4 mi12$2,430,984$224,500$202,582

Frequently Asked Questions

How many homes are for sale in ELM GROVE, LA 71051?

As of January 2026, there are 3 active listings in ELM GROVE, LA (zip code 71051), compared to 3 the prior year.

What is the median home price in ELM GROVE, LA 71051?

The median listing price in ELM GROVE, LA 71051 is $221,750 as of January 2026, a 82.9% decrease from $1,299,999 the prior year.

How long do homes stay on the market in ELM GROVE, LA?

Homes in ELM GROVE, LA 71051 spend an average of 130 days on the market before going under contract, compared to 164 days the prior year.

Is it a seller's or buyer's market in ELM GROVE, LA 71051?

Based on current inventory and days-on-market data as of January 2026, ELM GROVE, LA 71051 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 130 days on market compared to 164 days last year.

How much can I save on real estate commission in ELM GROVE, LA?

With SELL123.com's maximum 3% commission, sellers in ELM GROVE, LA 71051 save an estimated $4,435 compared to a typical 5% commission on the median listing price of $221,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.