Concordia Parish, Louisiana Housing Market
In Concordia Parish, Louisiana, the median home value is $103,800, with a median monthly rent of $771. This places Concordia Parish at #2875 nationally out of 3134 counties by median home value, and #55 within Louisiana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $912
- Establishments: 432
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,880 (avg $51,794)
- Outflow: 5,641 (avg $52,327)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Concordia Parish · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 71373 | 232.2 | +6.47% | 2024 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Concordia Parish on Our Sister Sites
Get the complete picture for Concordia Parish — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Concordia Parish Compares
| Metric | Concordia Parish | Louisiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $103,800 | $167,368 | $227,706 |
| Median Gross Rent | $771 | $914 | $968 |
| Owner Occupancy Rate | 74.2% | 72.2% | 73.3% |
| Price/Rent Ratio | 11.2 | 15.1 | 18.7 |
Market Analysis
The median home value in Concordia Parish is 38.0% below the Louisiana state average and 54.4% below the U.S. national average. The median rent of $771/month is 15.6% below the state average.
With a price-to-rent ratio of 11.2, buying a home in Concordia Parish is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Concordia Parish has an owner-occupancy rate of 74.2%, compared to 72.2% in Louisiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Hardin County | Illinois | $103,800 | $379 |
| Rawlins County | Kansas | $103,800 | $817 |
| Rolette County | North Dakota | $103,800 | $505 |
| Washington County | Mississippi | $104,000 | $833 |
| Boyd County | Nebraska | $104,000 | $713 |
Other Counties in Louisiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Allen Parish | $104,500 | $775 | 74.0% |
| Catahoula Parish | $101,800 | $821 | 78.0% |
| East Carroll Parish | $100,500 | $652 | 58.4% |
| Bienville Parish | $99,500 | $606 | 70.2% |
| Winn Parish | $108,500 | $774 | 71.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).