Is Monterey, LA 71354 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Monterey 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 Monterey housing market right now

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

About the area

Concordia Parish, LA

Population	1,394
Median income	$87,059
Average income	$106,465
Median home value	$120,100
Median rent	$1,099/month
Owner-occupied	81% of homes
Median year built	1988

Natural hazard riskExtreme heat (relatively high), hurricanes (moderate), tornadoes (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 71354; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 71354

Prefilled for 71354Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71354Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ferriday 71334Buyer’s market $105 /sq ft Vidalia 71373Balanced $76 /sq ft Browse all markets →

Towns like Monterey nearby

Find towns like Monterey in other states →

Roxie, MS39661 · 39 miles away73% similarcheaper homes ($34K less) · larger Jena, LA71342 · 28 miles away72% similarlarger · 6 min shorter commute Hessmer, LA71341 · 37 miles away53% similarlower income ($37K less) · larger Deville, LA71328 · 27 miles away49% similarlower income ($31K less) · pricier homes ($33K more)

Where Monterey is

Loading map…

Questions about Monterey real estate

What are property taxes in Monterey?

About 0.37% of a home’s value a year in Concordia Parish, or roughly $1,480 on a $400,000 home.

Local agents

See all agents in 71354 →

No sponsored agents in 71354 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 71354

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 Concordia Parish property taxes Concordia Parish loan limits Closing costs in Louisiana Hottest ZIP codes in Louisiana

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="71354"><a href="https://offerbacked.com/market/71354">Monterey, LA 71354 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

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