Is Lena, LA 71447 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lena 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 Lena housing market right now

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

About the area

Rapides Parish, LA

Population	1,010
Median income	$43,547
Average income	$59,689
Median home value	$67,400
Owner-occupied	93% of homes
Median year built	1989

Natural hazard riskWildfire (moderate), 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 71447; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 71447

Prefilled for 71447Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71447Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alexandria 71301Buyer’s market $92 /sq ft Alexandria 71302Buyer’s market $56 /sq ft Alexandria 71303Balanced $143 /sq ft Ball 71405Balanced $139 /sq ft Browse all markets →

Towns like Lena nearby

Find towns like Lena in other states →

Elmer, LA71424 · 20 miles away71% similarpricier homes ($48K more) · 7 min shorter commute Pitkin, LA70656 · 34 miles away70% similarlarger · older residents Montgomery, LA71454 · 17 miles away69% similarlarger · older residents Colfax, LA71417 · 12 miles away63% similarpricier homes ($47K more) · larger

Where Lena is

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Questions about Lena real estate

What are property taxes in Lena?

About 0.55% of a home’s value a year in Rapides Parish, or roughly $2,200 on a $400,000 home.

Local agents

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More tools for 71447

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 Rapides Parish property taxes Rapides 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