Monroe, LA 71203 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Monroe, LA — 71203
Market Hotness
43
Hotness Rank
#7,899
Hotness Score
43
Supply Score
12
Demand Score
73
DOM vs US
+25.5%
Slower
Price vs US
56%
Below avg
Median Listing Price
$242K
Population
38,354
Households
71,172
Median Days on Market
79
Active Listings
53
New Listings
32
Housing Market
Pricing
Median Listing Price
$242K
-5.4% YoY
Average Listing Price
$304K
+5.6% YoY
Price per Sq Ft
$128
-3.4% YoY
Median Sq Ft
1,991
+1.5% YoY
Inventory
Active Listings
53
-32.9% YoY
New Listings
32
0.0% YoY
Total Listings
97
-18.1% YoY
Buyer Competition
Pending Listings
45
+8.5% YoY
Pending Ratio
0.84
+32.1% YoY
Median Days on Market
79
+28.7% YoY
Price Reduced
15.4%
-4.6% YoY
FY2026 Fair Market Rent — Ouachita Parish
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$765
/month
1 BR
$793
/month
2 BR
$1,026
/month
3 BR
$1,319
/month
4 BR
$1,358
/month
FMR Trends — Ouachita Parish
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
36.6
2024
Population
ZIP Population
38,354
-1.1% YoY
Ouachita Parish Population
157,874
+0.1% YoY
Households
Total Housing Units
71,172
+0.7% YoY
Age
2024 Age Mix
158K
residents
Under 18
38,938
24.6%
Adults 18–64
94,423
59.6%
65 & Over
25,119
15.8%
Age Composition Over Time
2017–2024
Population Under 18
38,938
-0.9% YoY
Population 65 & Over
25,119
+2.2% YoY
Median Age
36.60
0.0% YoY
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