ZIP Code Market Report
71040 — Homer, LA
Data through February 2026 · Updated monthly
Avg Home Value
$96,322
▼ 12.3% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$96,965
Condo / Co-op
--
The average home value in the 71040 ZIP code (Homer, LOUISIANA) is $96,322 as of February 2026. Home prices are declining, down 12.3% compared to last year.
A 3-bedroom home in 71040 is valued at $176,820.
This report is part of the Claiborne Parish market area in LOUISIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Claiborne Parish report.
Free Home Value Estimate
What's your home worth in 71040 (Homer)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
71040 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $99,664 | $97,004 | $96,322 | ▼ 3.4% |
| Single Family Value | $102,507 | $99,239 | $96,965 | ▼ 5.4% |
Home Values
71040 Home Value Trend
Historical home values for ZIP code 71040. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 71040
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $176,820 |
Property Types
Home Values by Property Type in 71040
How different property types compare in this ZIP code.
All Homes
$96,322
Single Family
$96,965
Top Tier
$208,942
Data Sources and Methodology
Home value data for ZIP code 71040 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.
Investing in Homer?
Run your ARV and MAO instantly with live market data