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Is Montgomery, LA 71454 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Montgomery is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$194▲ +360.7% vs. last year

The Montgomery housing market right now

In the three months ending August 31, 2026, 0% of homes in Montgomery, LA 71454 sold above their list price, the typical home went under contract in 67 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (85 days then) and the median sale price rose 346% to $279,879. Overall, Montgomery is less competitive than a year ago, which gives buyers more room.

Within Grant Parish, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Dry Prong 71423 (17% sold over asking) is even more competitive.

Run the numbers for 71454

Prefilled for 71454Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71454Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bentley 71407Buyer’s market $182 /sq ftColfax 71417Balanced $62 /sq ftDry Prong 71423Seller’s market $130 /sq ftGeorgetown 71432 — /sq ft Browse all markets →

Towns like Montgomery nearby

Find towns like Montgomery in other states →
Robeline, LA71469 · 29 miles away74% similaryounger residents Lena, LA71447 · 17 miles away69% similarsmaller · younger residents Saline, LA71070 · 37 miles away66% similarpricier homes ($34K more) · 7 min longer commute Coushatta, LA71019 · 35 miles away65% similarpricier homes ($43K more) · larger

Where Montgomery is

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Questions about Montgomery real estate

Is Montgomery a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Montgomery, LA 71454 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 Montgomery?

The typical home went under contract in 67 days in the latest three months.

Do homes in Montgomery sell over asking?

0% of homes sold above their original list price.

What are property taxes in Montgomery?

About 0.60% of a home’s value a year in Grant Parish, or roughly $2,400 on a $400,000 home.

What is the median home price in Montgomery?

The median sale price was $279,879 in the three months ending August 31, 2026, about $194 per square foot.

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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 Grant Parish property taxesGrant Parish loan limitsClosing costs in LouisianaHottest 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