The story of this market
The typical home in ZIP 71331 sells for about $125,000, or $88 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71331 — Effie
The housing market in 71331 is characterized by low transaction volume and stagnant price growth. Limited inventory and a rural economic base contribute to a slow-moving market with minimal development activity.
This ZIP is best suited for local residents or investors seeking low-cost, rural housing options, as it lacks the infrastructure and amenities typical of suburban or urban markets.
Median prices moved down 2.1% year over year.
Homes spend a median of 112 days on market with 6.8 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 6.8% · poverty 15.4% — a mixed stability profile.
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 2.7%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71331, Avoyelles Parish, Louisiana
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 are assessed at the parish level; 71331 is located in a rural area with limited special district overlays.
The rental market is characterized by low turnover and limited inventory, primarily consisting of single-family homes.
The local economy is primarily driven by agriculture and small-scale local services.
The Avoyelles Parish Assessor manages property valuations with periodic reassessments.
Parcels are subject to standard parish-level school and fire district levies.
Property insurance premiums are influenced by regional flood risk and proximity to Gulf Coast weather patterns.
Data retrieved from data.census.gov ZCTA 71331 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.