71202 — Monroe, LA Home Values
Typical home value $59,347 as of July 2026 · 19th of 19 in Monroe, LA
Blue: typical home value (Zillow ZHVI) in ZIP code 71202, July 2021 to July 2026. This page shows observed data only; no forecast.
How 71202 compares in the Monroe, LA area
ZIP code 71202 (Monroe, LA) has a typical home value of $59,347 as of July 2026, ranking 19th of 19 ZIP codes tracked in the Monroe, LA area, more expensive than about 5% of ZIP codes in the metro. Prices here have moved +0.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed -9.2%, from $65,388 in July 2021 to $59,347 in July 2026. Against observed rent, the typical home here sells for 7.1× the annual rent ($700/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Monroe, LA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Monroe.
Population and demographics
ZIP code 71202 has a population of 26,791, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 84.5% Black or African American, 11.5% White, 2.2% Hispanic or Latino, 1.3% two or more races, 0.3% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Richwood High School | 5901 Highway 165 S, Monroe, LA | 2.9 mi |
| Richwood Junior High School | 5901 Highway 165 S, Monroe, LA | 3 mi |
| Madison James Foster Elementary School | 1310 Richwood Road #1, Monroe, LA | 3.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 71202?
$59,347 as of July 2026, the latest month Zillow has published observed data for.
Is 71202 an expensive ZIP code in the Monroe, LA area?
71202 ranks 19th of 19 ZIP codes in the Monroe, LA area by typical home value, more expensive than about 5% of ZIP codes in the metro.
How much have home values in 71202 changed over the past year?
+0.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 71202?
The typical home price is 7.1× the observed annual rent in this ZIP code ($700/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 71202?
26,791, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 71202?
Richwood High School (2.9 mi), Richwood Junior High School (3 mi), Madison James Foster Elementary School (3.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 71202?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Monroe, LA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.