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Area data

Monroe, LA — ZIP 71203

Population: 38,354 (Census ACS)

The median home value in ZIP 71203 (Monroe, LA) is $188,995 — up 1.4% over the past year. Homes sell for a median $250,642 after a median 44 days on market. Typical rent runs $1,707/month. 11 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with icestorm, heatwave, lightning the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$188,995

Median home value

+1.4%

1-year change

44

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$188,995
1-year appreciation
+1.4%
3-year appreciation
+3.2%
5-year appreciation
+15.1%
10-year appreciation
+24.2%
All-time peak (2026-07)
$188,995
House Price Index (state)
368.9 (+2.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$250,642
Median list price
$245,000
Median price per sqft
$133
1-year sale-price change
-7.4%
Median days on market
44 days
Homes sold (recent period)
99
For-sale inventory
78
Sale-to-list ratio
97.2%
Active listings
61
1-year forecast
-0.1%
Days to pending
65 days
New listings (monthly)
22

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,707/mo
Studio fair-market rent
$677/mo
1BR fair-market rent
$846/mo
2BR fair-market rent
$1,031/mo
3BR fair-market rent
$1,340/mo
4BR fair-market rent
$1,546/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.6¢/kWh
Natural gas rate (state-level)
$17.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
11
Elementary schools
6
Middle schools
2
High schools
2
School districts serving the area
City of Monroe School District, Ouachita Parish
Schools include
Roy Neal Shelling Sr. Elementary, Cypress Point Elementary School, Sherrouse School, Jack Hayes Elementary School, Lakeshore School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
iceStorm, heatWave, lightning, strongWind, tornado
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively High · hurricane: Relatively Low
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 36% of US counties
Buildings in wildfire direct-exposure zone
42.3%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
57.3 in
USDA plant hardiness zone
8b (extreme annual low 15 to 20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
283
Days with Moderate air quality
75
Highest AQI recorded (year)
100

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
7.2 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
18,222
Jobs reachable by transit (45 min)
12,069

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Poverty Point National Monument (36 mi)
Airports within 30 mi
21
Nearest airport
Monroe Regional Airport (MLU) (5 mi)
Nearest major airport
Monroe Regional Airport (MLU) (5 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
FREEDOM BEHAVIORAL HOSPITAL OF MONROE
Solar radiation rating
Good (4.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-353 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,984
Housing built before 1970
23.8%
Housing built 2000 or later
29.7%
Median annual property tax
$1,274
Mean commute to work
19 min
Households with broadband internet
72.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
59,162
Average weekly wage
$919
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
139

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 71203State medianUS median
Median home value$188,995$186,662$289,727
Median sale price$250,642$225,000$325,000
Median days on market44 days74 days51 days
Typical rent$1,707/mo$1,469/mo$1,808/mo
Median annual property tax$1,274$576$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 71203?
$188,995.
What is the median sale price in ZIP 71203?
$250,642.
How long do homes take to sell in ZIP 71203?
Median days on market: 44 days.
What is typical rent in ZIP 71203?
Typical rent: $1,707/month.
What is the natural-hazard risk in ZIP 71203?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: iceStorm, heatWave, lightning, strongWind, tornado.
Is ZIP 71203 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 71203?
Risk to homes is higher than 36% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 71203?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 71203?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 71203?
11 schools (6 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 71203 walkable?
Walkability index: 7.2/20 (EPA Smart Location Database).
What is the air quality in ZIP 71203?
Good. Median AQI: 38. (EPA AQI).
What is the cost of living in ZIP 71203?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents