71483, Winnfield, LA

The 71483 zip code of Winnfield, Louisiana is located in the parish of East Baton Rouge. The population of this zip code was 10,811 as of the 2010 census. The median household income in this zip code was $39,521 as of 2009. Home prices in this zip code have increased significantly over the past several years and are now among the highest in the state.

The primary driver of home prices in this area has been strong demand from local buyers and investors. In addition, limited supply has led to high home values throughout much of East Baton Rouge Parish. This combination has resulted in average home prices increasing by more than 30% since 2007, when they were just above $240,000. As of May 2016, average home values in this zip code were estimated at $298,000. This represents a significant increase from 2007 levels and makes Winnfield one of the most expensive areas to live in Louisiana overall.

Despite these high prices, there are still many opportunities for buyers who are interested in purchasing a home within the 71483 zip code. In addition to being among the most expensive areas within East Baton Rouge Parish, Winnfield also has a relatively low rate of homeownership (just over 60%). This means that there is still room for growth within the market and that potential buyers should not be discouraged by current prices.