Marketsโ€บLouisianaโ€บRapides Parishโ€บ71303 (Alexandria)

71303 โ€” Alexandria, LA

Data through February 2026 ยท Updated monthly

Avg Home Value

$225,918

โ–ผ 0.1% year-over-year

Month-over-Month

-0.7%

โ–ผ 0.7%

Single Family

$229,462

Condo / Co-op

$170,757

The average home value in the 71303 ZIP code (Alexandria, Louisiana) is $225,918 as of February 2026. Home prices are stable, down 0.1% compared to last year.

A 3-bedroom home in 71303 is valued at $202,804. Single-family homes average $229,462, while condos average $170,757.

The market in 71303 has a $209,441 spread between bottom-tier homes at $130,705 and top-tier homes at $340,146. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.

Looking ahead, Zillow's forecast model projects home values in the 71303 ZIP code will increase 0.4% over the next 12 months, bringing the projected average to approximately $226,822. This modest projected change should be factored into any investment analysis for properties in this area.

This report is part of the Rapides Parish market area in Louisiana. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Rapides Parish report.

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71303 Housing Market at a Glance

Key metrics for the last 3 months with trend direction.

MetricDec 2025Jan 2026Feb 20263-Mo Change
Avg Home Value$227,900$227,466$225,918โ–ผ 0.9%
Single Family Value$227,866$228,726$229,462โ–ฒ 0.7%

71303 Home Value Trend

Historical home values for ZIP code 71303. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.

Source: Zillow Research ZHVI / ZORI ยท Updated monthly

What Homes Cost in 71303

Median home values by bedroom count in this ZIP code.

BedroomsMedian Value
2 Bedrooms$154,576
3 Bedrooms$202,804
4 Bedrooms$321,409

Home Values by Property Type in 71303

How different property types compare in this ZIP code.

All Homes

$225,918

Single Family

$229,462

Condo / Co-op

$170,757

Bottom Tier

$130,705

Top Tier

$340,146

12-Month Home Value Forecast for 71303

Zillow projects home values in 71303 will increase 0.4% over the next year, reaching approximately $226,822.

Current Value

$225,918

Projected Change

+0.4%

โ–ฒ 0.4%

Projected Value

$226,822

Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.

Data Sources and Methodology

Home value data for ZIP code 71303 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.

This report was last updated February 2026. Data is refreshed on the 17th of each month.

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