Is Louann, AR 71751 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Louann 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 Louann housing market right now

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

About the area

Ouachita County, AR

Population	573
Average income	$65,839
Median home value	$85,500
Median rent	$813/month
Owner-occupied	91% of homes
Median year built	1981
Walkability	3.0 of 20 · least walkable

Natural hazard riskExtreme heat (moderate), tornadoes (moderate), hail (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 71751; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 71751

Prefilled for 71751Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71751Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bearden 71720Balanced $61 /sq ft Camden 71701Balanced $94 /sq ft Chidester 71726Buyer’s market $101 /sq ft Stephens 71764 — /sq ft Browse all markets →

Where Louann is

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Questions about Louann real estate

What are property taxes in Louann?

About 0.51% of a home’s value a year in Ouachita County, or roughly $2,040 on a $400,000 home.

Local agents

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More tools for 71751

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 Ouachita County property taxes Ouachita County loan limits Closing costs in Arkansas Hottest ZIP codes in Arkansas

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