Is Melville, LA 71353 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Melville 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 Melville housing market right now

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

About the area

St. Landry Parish, LA

Population	1,399
Median income	$37,405
Average income	$55,072
Median home value	$118,300
Owner-occupied	81% of homes
Median year built	1977

Natural hazard riskTornadoes (relatively high), hurricanes (moderate), extreme heat (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 71353; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 71353

Prefilled for 71353Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71353Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arnaudville 70512Balanced $154 /sq ft Grand Coteau 70541 $42 /sq ft Krotz Springs 70750Buyer’s market $133 /sq ft Leonville 70551 — /sq ft Browse all markets →

Towns like Melville nearby

Find towns like Melville in other states →

Simmesport, LA71369 · 22 miles away86% similarlarger Washington, LA70589 · 16 miles away77% similarlarger · more apartments and townhomes Moreauville, LA71355 · 31 miles away77% similarpricier homes ($51K more) Maringouin, LA70757 · 20 miles away74% similarpricier homes ($44K more) · larger

Where Melville is

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Questions about Melville real estate

What are property taxes in Melville?

About 0.29% of a home’s value a year in St. Landry Parish, or roughly $1,160 on a $400,000 home.

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More tools for 71353

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 St. Landry Parish property taxes St. Landry 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