Is Reeves, LA 70658 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Reeves 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 list0%Share of sales, last 3 months

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

Median days on market216Listing to accepted offer

Median price per sq ft$85

The Reeves housing market right now

In the three months ending August 31, 2026, 0% of homes in Reeves, LA 70658 sold above their list price and the typical home went under contract in 216 days. With only 2 sales, these figures can swing a lot from month to month.

About the area

Allen Parish, LA

Population	914
Median income	$65,759
Average income	$64,230
Median home value	$153,600
Median rent	$649/month
Owner-occupied	82% of homes
Median year built	1986

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 70658; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 70658

Prefilled for 70658Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70658Over-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 Elizabeth 70638 — /sq ft Kinder 70648Balanced $94 /sq ft Mittie 70654 — /sq ft Browse all markets →

Where Reeves is

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Questions about Reeves real estate

How fast do homes sell in Reeves?

The typical home went under contract in 216 days in the latest three months.

Do homes in Reeves sell over asking?

0% of homes sold above their original list price.

What are property taxes in Reeves?

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

What is the median home price in Reeves?

The median sale price was $167,178 in the three months ending August 31, 2026, about $85 per square foot.

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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