Is Simsboro, LA 71275 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Simsboro is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 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 market88Listing to accepted offer
Median price per sq ft$165▼ −28.8% vs. last year

The Simsboro housing market right now

In the three months ending August 31, 2026, 0% of homes in Simsboro, LA 71275 sold above their list price, the typical home went under contract in 88 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (30 days then) and the median sale price fell 66% to $250,891. Overall, Simsboro is less competitive than a year ago, which gives buyers more room.

Within Lincoln Parish, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Ruston 71270 (6% sold over asking) is even more competitive.

Nearby markets

Choudrant 71227Seller’s market $187 /sq ftDubach 71235Seller’s market $110 /sq ftGrambling 71245Seller’s market $153 /sq ftRuston 71270Seller’s market $161 /sq ft Browse all markets →

Where Simsboro is

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Questions about Simsboro real estate

Is Simsboro a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Simsboro, LA 71275 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Simsboro?

The typical home went under contract in 88 days in the latest three months.

Do homes in Simsboro sell over asking?

0% of homes sold above their original list price.

What are property taxes in Simsboro?

About 0.46% of a home’s value a year in Lincoln Parish, or roughly $1,840 on a $400,000 home.

What is the median home price in Simsboro?

The median sale price was $250,891 in the three months ending August 31, 2026, about $165 per square foot.

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