Is Elizabeth, LA 70638 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Elizabeth is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Elizabeth housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Allen Parish, LA

Population	792
Median income	$37,708
Average income	$62,202
Median home value	$87,200
Median rent	$790/month
Owner-occupied	76% of homes
Median year built	1969

Natural hazard riskHurricanes (relatively high), tornadoes (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 70638; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 70638

Prefilled for 70638Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70638Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dry Creek 70637 — /sq ft Kinder 70648Balanced $94 /sq ft Mittie 70654 — /sq ft Oakdale 71463Balanced $105 /sq ft Browse all markets →

Where Elizabeth is

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Questions about Elizabeth real estate

What are property taxes in Elizabeth?

About 0.26% of a home’s value a year in Allen Parish, or roughly $1,040 on a $400,000 home.

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More tools for 70638

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Allen Parish property taxes Allen Parish loan limits Closing costs in Louisiana Hottest ZIP codes in Louisiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology