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Farmerville town, LA

ZIP 71241 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 71241

Median Home Value
$130,200
Median Rent
$509
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$836/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 71241 in Farmerville town, LA, a household would need roughly $36,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $836. That sits below the local median household income ($44,895), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.3%+14% vs US avg
x
Vacancy Rate
20.7%+101% vs US avg
x
Broadband Access
66.6%-23% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
2.4%-82% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
26.2%-47% vs US avg
x
Mortgage-Free
60.1%+57% vs US avg
x
$130,200
Home Value
$509
Rent
1989
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached59.1%
  • 1-unit attached0.0%
  • 2-9 units4.4%
  • 10+ units2.7%
  • Mobile home & other33.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$130,200
Median rent$509
Owner-occupied74.3%
Vacant20.7%
Price-to-income2.9x
Est. income to buy$36,000