The story of this market
The typical home in ZIP 71322 sells for about $137,500, or $106 per square foot.
Prices are down 12.42% from a year ago, which gives buyers more room to negotiate. Homes take about 115 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $811 a month.
ZIP 71322 — Bunkie
The 71322 housing market is experiencing a softening phase with a significant year-over-year decline in median sale prices. Limited inventory and increased time on market suggest a cooling environment for sellers in this rural Louisiana area.
This area is best suited for budget-conscious buyers and those seeking a rural, low-cost-of-living environment, though it lacks the robust economic and amenity infrastructure of larger urban centers.
Median prices moved down 12.4% year over year.
Homes spend a median of 115 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 38.7% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 71322
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes in this area are assessed at a low effective rate of approximately 0.3%, significantly below the Louisiana state average.
The mean travel time to work for residents is approximately 31.6 minutes.
The area is primarily rural with limited commercial amenities, though it offers access to local parks and outdoor spaces within the Bunkie community.
The rental market is characterized by a high renter share of approximately 45%, with median gross rents around $738 per month.
The local economy is primarily rural and agricultural, with limited major industrial or corporate employers in the immediate vicinity.
The area relies on highway corridors for regional access, with no significant public transit infrastructure.
Data retrieved from CensusDepth and Census Reporter for ZCTA 71322.
Local community green space serving the Bunkie area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.