The story of this market
The typical home in Madison Parish, Louisiana sells for about $90,600, or $68 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. The biggest natural hazard here is strong wind, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $892 a month.
HUD sets the fair market rent for a 2-bedroom at $892 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Monthly price momentum
Home values since 2015
+0.5%
LA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,235
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
54
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $6,206,482.
Mortgage activity
Home lending in this county
67.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 137 | 67 | 67.9% | 25% | $135,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Madison Parish, Louisiana
The Madison Parish housing market remains stagnant, characterized by low home values and a shrinking population. Economic challenges, including high poverty rates and limited job growth, continue to suppress demand and investment in the area.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 1 city · 2 ZIP reports
Median prices moved up 1.5% year over year.
Homes spend a median of 57 days on market with 7.8 months of supply — a balanced-paced market.
17% of listings have cut prices · homes sell at 96.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 36.7% — elevated distress and economic pressure.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Madison Parish, Louisiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 25
researched Sep 25
| 71282 | Tallulah | $91,200 | $72 | -2.1% | 115 | 94% | 12% | 14 | 42 | $780 | researched Sep 25 |
| 71286 | Tallulah | $145,000 | $98 | +2.4% | 42 | 97.5% | 18% | 6.2 | 85 | $950 | researched Sep 25 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Madison Parish are generally higher than the national average, with property and violent crime trends remaining a persistent concern for local law enforcement.
Public schools in the parish face significant challenges, with many institutions receiving lower performance ratings compared to the state average.
The parish is located in the Mississippi River delta lowlands, making it highly susceptible to seasonal flooding and requiring robust flood insurance coverage.
The economy is primarily driven by agriculture and forestry, with limited new industrial development or major corporate infrastructure projects currently underway.
Property taxes are assessed by the parish assessor based on fair market value, with homestead exemptions available for primary residences; tax rates are set by local taxing authorities.
The rental market is characterized by low demand and high vacancy pressure, with limited new construction of multi-family housing units.
The economy is heavily reliant on agriculture, specifically cotton and soybean production, with a high poverty rate and limited diversification.
Transportation is primarily served by local highways and rural roads, with limited public transit infrastructure available.
The Madison Parish Assessor's office conducts periodic property assessments to determine fair market value for tax purposes.
The parish is served by local school districts and various utility districts that manage water and sewage services.
Property insurance premiums are elevated due to the parish's location in a high-risk flood zone along the Mississippi River.
- Poverty Point World Heritage Site4.815.1 mi
- Wild Country Safari Park4.615.6 mi
- Tensas River National Wildlife Refuge4.59.9 mi
- Poverty Point World Heritage Site4.815.1 mi
- Vicksburg National Battlefield4.826.4 mi
- USS Cairo Gunboat and Museum4.825 mi
- Biedenharn Coca-Cola Museum4.224.5 mi
- Vicksburg Civil War Museum4.824.5 mi
- Poverty Point Reservoir State Park4.612.3 mi
- Wild Country Safari Park4.615.6 mi
- Tensas River National Wildlife Refuge4.59.9 mi
- Black Bear Golf Club4.513.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Located in Tallulah, this historic building serves as the administrative heart of the parish.
Provides significant opportunities for outdoor recreation, including fishing and hunting.
Data sourced from US Census Bureau QuickFacts and Data USA.
applies when — Property located within a condominium regime
The association may adopt budgets and collect assessments for common expenses. Late fees for assessments are capped at 30% of the monthly assessment amount.
R.S. 9:1123.102
Louisiana requires a judicial foreclosure process. The process involves filing a petition, obtaining a judgment, and a sheriff's sale. Specific notice requirements, including posting a sign on the property, apply to residential dwellings.
Louisiana Code of Civil Procedure Article 2293
Sellers must complete a property disclosure document in good faith, disclosing known defects in the property as prescribed by the Louisiana Real Estate Commission.
R.S. 9:3196 through 9:3200; La. Admin. Code tit. 46, § LXVII-3601
Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Louisiana Constitution Article VII, Section 18
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.