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MONROE, LA 71203

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

Market Overview

Active Listings
106
⇩ 7% vs 114 last year
Pending
19
18% pending ratio
Median Price
$217,900
⇩ 12.8% vs $249,900 last year
Average Price
$273,949
⇩ 7.5% vs $296,020 last year
Days on Market
90
⇧ 9.8% vs 82 days last year

Market Context

Population: 40,063  ·  Density: 130.5/mi²  ·  Median household income: $43,298

Typical home value: $172,233  ·  Homeownership: 56.0%

Market Analysis

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

The MONROE, LA real estate market (71203) currently shows 106 active listings, with 19 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 90 days on market compared to 82 days last year.

The median listing price has fallen 12.8% year-over-year, from $249,900 to $217,900.

Whether you are buying or selling in MONROE, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 106 this year vs 114 last year
  • Days on market: 90 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $217,900 (-12.8% YoY)
  • Average: $273,949 (-7.5% 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 35.0 miles — 328 listings ($94,380,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71203Monroe, LA 712030.0 mi106$29,038,594$217,900$273,949
71229Collinston, LA 712298.0 mi2$1,564,000$782,000$782,000
71280Sterlington, LA 7128011.0 mi25$6,589,325$274,788$263,573
71264Oak Ridge, LA 7126414.0 mi2$330,000$165,000$165,000
71292West Monroe, LA 7129217.3 mi43$14,446,495$275,000$335,965
71220Bastrop, LA 7122020.1 mi63$9,561,510$129,900$151,770
71261Mer Rouge, LA 7126122.8 mi3$337,740$125,000$112,580
71241Farmerville, LA 7124124.2 mi31$10,339,864$259,500$333,544
71238Eros, LA 7123826.2 mi2$812,500$255,000$406,250
71227Choudrant, LA 7122727.6 mi15$7,056,810$380,000$470,454
71418Columbia, LA 7141831.1 mi15$3,216,750$179,900$214,450
71232Delhi, LA 7123232.5 mi15$9,313,035$444,450$620,869
71747Huttig, AR 7174735.0 mi6$1,773,600$291,250$295,600

Frequently Asked Questions

How many homes are for sale in MONROE, LA 71203?

As of January 2026, there are 106 active listings in MONROE, LA (zip code 71203), compared to 114 the prior year.

What is the median home price in MONROE, LA 71203?

The median listing price in MONROE, LA 71203 is $217,900 as of January 2026, a 12.8% decrease from $249,900 the prior year.

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

Homes in MONROE, LA 71203 spend an average of 90 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in MONROE, LA 71203?

Based on current inventory and days-on-market data as of January 2026, MONROE, LA 71203 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 90 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONROE, LA 71203 save an estimated $4,358 compared to a typical 5% commission on the median listing price of $217,900. 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.