The story of this market
The typical home in ZIP 71254 sells for about $75,600, or $58 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $725 a month.
ZIP 71254 — Lake Providence
The housing market in 71254 remains stable with very low transaction volume and modest price appreciation. Market activity is constrained by the rural nature of the area and limited inventory, resulting in a slow-moving market environment.
This area is best suited for local residents and those seeking low-cost rural living, as it lacks the infrastructure and employment density to attract commuters or large-scale investors.
Median prices moved up 2.1% year over year.
Homes spend a median of 142 days on market with 12.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.8% · poverty 34.2% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71254, East Carroll Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is located in a flood-prone region of northern Louisiana near Lake Providence, necessitating careful review of flood insurance requirements.
Economic momentum is limited, with the area primarily serving as a rural agricultural hub in East Carroll Parish.
Property taxes are assessed at the parish level; exemptions include the Louisiana Homestead Exemption for primary residences.
Recreation is centered around Lake Providence, which offers fishing and boating opportunities.
The rental market is characterized by low turnover and limited inventory, primarily serving local agricultural and service-sector workers.
The local economy is heavily reliant on agriculture and related support services in East Carroll Parish.
Transportation is primarily via state highways; there is no significant public transit infrastructure.
No major commercial or residential developments are currently reported for this ZIP code.
The East Carroll Parish Assessor is responsible for property valuations.
Parcels are subject to East Carroll Parish school and local government tax districts.
Insurance premiums are influenced by the area's proximity to water bodies and regional flood risk profiles.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Oak Grove City Park4.47.8 mi
- Fiske Theatre4.78 mi
- Poverty Point World Heritage Site4.817.1 mi
- Oak Grove City Park4.47.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major oxbow lake providing local fishing and recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.