Is Jena, LA 71342 a buyer’s or seller’s market?
Jena is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 20% of U.S. ZIP codes, and #82 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Jena housing market right now
In the three months ending August 31, 2026, 0% of homes in Jena, LA 71342 sold above their list price, the typical home went under contract in 37 days and there were 4.6 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 7 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 (35 days then) and the median sale price fell 3% to $184,920. Overall, Jena is about as competitive as it was a year ago.
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Nearby markets
Olla 71465Buyer’s market $96 /sq ftTrout 71371Buyer’s market $137 /sq ftUrania 71480 — /sq ft Browse all markets →Towns like Jena nearby
Find towns like Jena in other states →Where Jena is
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Questions about Jena real estate
Is Jena a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Jena, LA 71342 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 Jena?
The typical home went under contract in 37 days in the latest three months.
Do homes in Jena sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Jena?
About 0.45% of a home’s value a year in LaSalle Parish, or roughly $1,800 on a $400,000 home.
What is the median home price in Jena?
The median sale price was $184,920 in the three months ending August 31, 2026, about $108 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