71295, Winnsboro, LA

The home equity and home prices in the 71295 zip code of Winnsboro, LA are reflective of the overall market conditions in this area. Over the past five years, the average home value has increased by 8.5%. However, during that same time period, the median household income has only increased by 2%. This indicates that there is a significant amount of wealth inequality in this area.

This trend is also reflected in the number of homes that have been sold over the past five years. While there has been an increase in sales volume, it has not kept pace with the rate of inflation. In fact, over the past year alone, sales have decreased by 3%. This suggests that there is a lack of demand for homes in this area and that buyers are not able to afford to purchase them at current prices.

While it is difficult to predict how long these conditions will persist, it is important to keep in mind that they could change at any time. If you are interested in buying or selling a home in this area, be sure to consult with a real estate agent who can provide you with accurate information about current market conditions.