Is Tallulah, LA 71282 a buyer’s or seller’s market?
Tallulah is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Tallulah housing market right now
In the three months ending August 31, 2026, 0% of homes in Tallulah, LA 71282 sold above their list price, the typical home went under contract in 92 days and there were 4 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 4 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 faster (119 days then) and the median sale price rose 8% to $128,694. Overall, Tallulah is more competitive than a year ago, so tougher for buyers.
Run the numbers for 71282
Towns like Tallulah nearby
Find towns like Tallulah in other states →Where Tallulah is
Loading map…
Questions about Tallulah real estate
Is Tallulah a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Tallulah, LA 71282 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 Tallulah?
The typical home went under contract in 92 days in the latest three months.
Do homes in Tallulah sell over asking?
0% of homes sold above their original list price.
What are property taxes in Tallulah?
About 0.33% of a home’s value a year in Madison Parish, or roughly $1,320 on a $400,000 home.
What is the median home price in Tallulah?
The median sale price was $128,694 in the three months ending August 31, 2026, about $73 per square foot.
Local agents
See all agents in 71282 →No sponsored agents in 71282 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 71282
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology