Welcome to our 71261 real estate data hub, tailored for investors in Mer Rouge, LA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 71261 in Mer Rouge, LA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MOREHOUSE PARISH.
Leverage our comprehensive, zip code-specific data to excel in Mer Rouge, LA real estate investing. Uncover the wealth of information available, and position yourself for success in the Mer Rouge property market.
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Location Overview
- Zip Code: 71261
- City: Mer Rouge
- State: LA
- Metro Area: Monroe, LA
- County Name: MOREHOUSE PARISH
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Real Estate Market Snapshot
- Average Home Price (All Types): $70,687
- Average Home Price (Single Family Homes): $71,649
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -3.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $740
- Average 3 Bedroom Section 8 Rental Rates: $940
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 7.96
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 6.27
- Number of Units Offered in Section 8 in the County: 213
- Number of Occupied Units in Section 8 in the County: 192
- Percentage of Section 8 Units Occupied in the County: 90.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 4.87%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.26%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.21%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%