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LAKE PROVIDENCE, LA 71254

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKE PROVIDENCE, LA real estate market (71254) currently shows 9 active listings, with 1 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 127 days last year.

The median listing price has risen 86.5% year-over-year, from $130,000 to $242,450.

Whether you are buying or selling in LAKE PROVIDENCE, 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: 6,772  ·  Density: 9.4/mi²  ·  Median household income: $29,008

Typical home value: $79,411  ·  Homeownership: 57.0%

Market Overview

Active Listings
9
⇧ 50% vs 6 last year
Pending
1
11% pending ratio
Median Price
$242,450
⇧ 86.5% vs $130,000 last year
Average Price
$574,363
⇧ 316.3% vs $137,980 last year
Days on Market
45
⇩ 64.6% vs 127 days last year

Price Per Square Foot

Median $/sqft
$83
⇧ 10.7% vs $75/sqft last year
Median Home Size
2,925 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 6 last year
  • Days on market: 45 now vs 127 last year

Median & Average Pricing

Year over Year
  • Median: $242,450 (+86.5% YoY)
  • Average: $574,363 (+316.3% 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 44.1 miles — 207 listings ($45,965,281 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71254Lake Providence, LA 712540.0 mi8$5,679,264$223,725$709,908
71263Oak Grove, LA 7126312.3 mi14$3,290,140$180,000$235,010
39159Rolling Fork, MS 3915918.4 mi4$718,932$198,250$179,733
71237Epps, LA 7123720.2 mi3$475,350$158,450$158,450
71261Mer Rouge, LA 7126126.5 mi3$333,876$117,500$111,292
38721Anguilla, MS 3872130.3 mi1$960,000$960,000$960,000
71663Portland, AR 7166331.8 mi1$295,000$295,000$295,000
38748Hollandale, MS 3874832.6 mi7$761,390$119,750$108,770
71264Oak Ridge, LA 7126433.8 mi1$165,000$165,000$165,000
71220Bastrop, LA 7122039.4 mi52$7,918,872$121,750$152,286
71653Lake Village, AR 7165339.8 mi7$2,267,580$255,000$323,940
71646Hamburg, AR 7164642.1 mi9$1,746,297$202,950$194,033
39180Vicksburg, MS 3918044.1 mi97$21,353,580$182,500$220,140

Frequently Asked Questions

How many homes are for sale in LAKE PROVIDENCE, LA 71254?

As of March 2026, there are 9 active listings in LAKE PROVIDENCE, LA (zip code 71254), compared to 6 the prior year.

What is the median home price in LAKE PROVIDENCE, LA 71254?

The median listing price in LAKE PROVIDENCE, LA 71254 is $242,450 as of March 2026, a 86.5% increase from $130,000 the prior year.

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

Homes in LAKE PROVIDENCE, LA 71254 spend an average of 45 days on the market before going under contract, compared to 127 days the prior year.

Is it a seller's or buyer's market in LAKE PROVIDENCE, LA 71254?

Based on current inventory and days-on-market data as of March 2026, LAKE PROVIDENCE, LA 71254 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 127 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE PROVIDENCE, LA 71254 save an estimated $4,849 compared to a typical 5% commission on the median listing price of $242,450. 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.