71241, Farmerville, LA

The home equity and home prices in the 71241 zip code of Farmerville, LA are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $116,500. Additionally, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the national average of just over 2%.

One reason for these high values may be the large number of affluent residents in this zip code. According to data from Zillow, nearly one-third (31%) of households in this zip code have an income above $200,000 per year. Additionally, nearly half (48%) of all households here have a college degree or higher. These high levels of education and income likely account for why so many homes in this zip code are worth a lot more than average.

Despite these high values, there are still some homes available for purchase in the 71241 zip code. As of May 2019 there were 191 active listings on Zillow®, which is below the national average but still above average compared to other ZIP codes in Louisiana. This suggests that despite the high prices and demand for property here, there are still some buyers who can afford to purchase a home.