ZIP Code Market Report
71232 — Delhi, LA
Data through February 2026 · Updated monthly
Avg Home Value
$137,440
▼ 5.6% year-over-year
Month-over-Month
+1.3%
▲ 1.3%
Single Family
$133,766
Condo / Co-op
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The average home value in the 71232 ZIP code (Delhi, LOUISIANA) is $137,440 as of February 2026. Home prices are declining, down 5.6% compared to last year.
The market in 71232 has a $153,575 spread between bottom-tier homes at $87,772 and top-tier homes at $241,346. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Richland Parish market area in LOUISIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Richland Parish report.
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Market Snapshot
71232 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 | $134,738 | $135,742 | $137,440 | ▲ 2.0% |
| Single Family Value | $131,648 | $132,048 | $133,766 | ▲ 1.6% |
Home Values
71232 Home Value Trend
Historical home values for ZIP code 71232. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 71232
How different property types compare in this ZIP code.
All Homes
$137,440
Single Family
$133,766
Bottom Tier
$87,772
Top Tier
$241,346
Data Sources and Methodology
Home value data for ZIP code 71232 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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