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Milhaven Estates Presidential Estates

MONROE, LA 71203

Real Estate Market Report  ·  Ouachita County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 71203

Milhaven Estates · Presidential Estates

Market Analysis

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

The MONROE, LA real estate market (71203) currently shows 116 active listings, with 46 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 62 days last year.

The median listing price has fallen 5.6% year-over-year, from $249,900 to $235,950.

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 Context

Market Context

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

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

Market Overview

Active Listings
116
⇩ 4.9% vs 122 last year
Pending
46
40% pending ratio
Median Price
$235,950
⇩ 5.6% vs $249,900 last year
Average Price
$270,513
⇩ 8.2% vs $294,602 last year
Days on Market
60
⇩ 3.2% vs 62 days last year

Price Per Square Foot

Median $/sqft
$122
⇩ 4.7% vs $128/sqft last year
Median Home Size
1,822 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 116 this year vs 122 last year
  • Days on market: 60 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $235,950 (-5.6% YoY)
  • Average: $270,513 (-8.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.2 miles — 312 listings ($81,900,817 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71203Monroe, LA 712030.0 mi113$30,561,189$219,500$270,453
71229Collinston, LA 712298.0 mi2$1,564,000$782,000$782,000
71280Sterlington, LA 7128011.0 mi23$6,543,063$281,175$284,481
71264Oak Ridge, LA 7126414.0 mi1$165,000$165,000$165,000
71292West Monroe, LA 7129217.3 mi42$14,401,842$281,250$342,901
71220Bastrop, LA 7122020.1 mi52$7,918,872$121,750$152,286
71261Mer Rouge, LA 7126122.8 mi3$333,876$117,500$111,292
71241Farmerville, LA 7124124.2 mi34$10,802,106$253,250$317,709
71238Eros, LA 7123826.2 mi4$2,041,668$406,250$510,417
71237Epps, LA 7123731.0 mi3$475,350$158,450$158,450
71266Pioneer, LA 7126631.9 mi2$319,900$159,950$159,950
71226Chatham, LA 7122634.2 mi5$1,514,375$295,000$302,875
71295Winnsboro, LA 7129535.2 mi28$5,259,576$158,375$187,842

Frequently Asked Questions

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

As of April 2026, there are 116 active listings in MONROE, LA (zip code 71203), compared to 122 the prior year.

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

The median listing price in MONROE, LA 71203 is $235,950 as of April 2026, a 5.6% 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 60 days on the market before going under contract, compared to 62 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 April 2026, MONROE, LA 71203 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 62 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 $4,719 compared to a typical 5% commission on the median listing price of $235,950. 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.