West Monroe, LA—71292
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in West Monroe, LA
Home Price Trends — West Monroe, LA
As of Oct '25, the median home price in West Monroe, LA is $142,000, with a year-over-year change of -4.8%. This indicates that home prices in West Monroe, LA are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $142,000 | -4.8% |
| Single Family | $142,000 | -5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $66,000 | -7.0% |
3 Bed | $159,000 | -2.5% |
4 Bed | $293,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Monroe, LA
As of July '25, Rentcast reports the average rent in West Monroe, LA is $1,070, with a year-over-year rent change of 36.5%. Per bedroom, the median rent as of July '25 in West Monroe, LA is 1-bedrooms: $438, 2-bedrooms: $1,160, 3-bedrooms: $1,100. The most common rental property sizes in West Monroe, LA are 3-bedroom and 2-bedroom, accounting for 51.2% and 43.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $425 | $438 |
| 2 Bed Rent | $850 | $1,160 |
| 3 Bed Rent | $850 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Monroe, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in West Monroe, LA is 53. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | 1.0% |
Listing Count | 52 | 9.0% |
| Listings as % of Homes | 0.2% | 9.0% |
Days on Market | 53 | -21.0% |
Demographics — West Monroe, LA
As of the latest ACS Survey released in 2023, West Monroe, LA has a population of 21,900, which has increased by 6.9% over the past 5 years. West Monroe, LA is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,900 | 6.9% |
% Under 18 | 24.5% | 0.0% |
% Seniors | 15.1% | 0.7% |
% WFH | 3.2% | 33.3% |
% w/ College Degree | 18.5% | 34.1% |
As of the latest ACS Survey released in 2023, West Monroe, LA is a predominantly white area, with 73.3% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in West Monroe, LA is black, making up 20.4% of the population. Foreign-born residents account for 1.1% of the population in West Monroe, LA, and this percentage has decreased by 31.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.3% | -7.2% |
% Black | 20.4% | 31.6% |
% Hispanic | 3.7% | 8.8% |
% Asian | 0.5% | -50.0% |
% Foreign Born | 1.1% | -31.2% |
Mortgage and Risk — West Monroe, LA
According to HUD data as of 2023, there were 248 mortgage originations in West Monroe, LA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in West Monroe, LA. Investor activity is high, as 31.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 248 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 31.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — West Monroe, LA
West Monroe, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 172 |
Total Units Section 8 | 172 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $275 | $425 | $700 |
| 2 Bedroom | $50 | $850 | $900 |
| 3 Bedroom | $310 | $850 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — West Monroe, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $142,000 |
| Median Household Income | $51,300 |