Housing Insights for ZIP Code 71351 (Marksville, LA)

Housing Summary for ZIP Code 71351

Homeowners

The median home value in ZIP Code 71351 (Marksville, LA) is $101,800. Approximately 68.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 71351 is 2.45 occupants, while owner-occupied units have an aggregate average size of 2.71 bedrooms per housing unit.

Renters

In the 71351 ZIP Code, an estimated 31.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.5%.

Among renter-occupied units in this ZIP, the average occupancy is 2.28 occupants, while renters in this Avoyelles County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 71351

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 71351.

ZIP 71351 Louisiana U.S.
Median Home Value $101,800 $213,371 $356,002
Owner-Occupied Housing Units 68.4% 65.6% 64.0%
Homeowner Vacancy Rate 0.0% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.45 2.68 2.70
Average # of Bedrooms Per Unit 2.71 2.75 2.75
Median Housing Rent $0 $866 $1,062
Renter-Occupied Housing Units 31.6% 34.4% 36.0%
Rental Vacancy Rate 2.5% 8.6% 6.0%
Average Size of Renter-Occupied Unit 2.28 2.48 2.49
Percent of Income Spent on Rent 0% 30.69% 29.83%

Home Values in ZIP Code 71351 (Marksville, LA)

The median home value in ZIP Code 71351 is $101,800. That median value is about 38% lower than the median home value of $163,100 in Louisiana overall, and is 53% lower than the $217,500 the median home value in the entire U.S. An estimated 32.0% of homes in ZIP Code 71351 are valued $50,000 to $99,999. That is 103% higher than in the stat of Louisiana, in which 15.8% of homes are valued at $50,000 to $99,999, and is about 167% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 71351 homes fall into is $1,000,000 or more (0.3% of homes).

Home Values in ZIP Code 71351

This chart visualizes the breakdown of home values in ZIP Code 71351, Louisiana, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 71351 vs. home values in both the state of Louisiana and in the U.S. overall.

Home Values in ZIP Code 71351

See the table below for a regional comparison of home values in ZIP Code 71351.

Home Value ZIP 71351 Louisiana U.S.
Less than $50,000 17.2% 11.8% 6.9%
$50,000 to $99,999 32.0% 15.8% 12.0%
$100,000 to $149,999 18.7% 16.5% 13.3%
$150,000 to $199,999 14.5% 19.0% 14.0%
$200,000 to $299,999 8.8% 20.4% 19.6%
$300,000 to $499,999 8.1% 11.8% 19.3%
$500,000 to $999,999 0.4% 3.9% 11.4%
$1,000,000 or more 0.3% 1.0% 3.4%

Home Ages in ZIP Code 71351 (Marksville, LA)

Approximately 21.4% of homes in this Marksville, LA region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 71351 is about 67% higher than percentage of homes built in this time period in Louisiana overall (12.8% of homes), and is 54% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 18.8% of local homes were built in 1970 to 1979. On the other end of the scale, just 1.4% of homes in this Avoyelles County ZIP Code were built in 2014 or later in ZIP Code 71351. In comparison, 2.8% of homes in Louisiana overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 71351

A detailed regional comparison of home ages in ZIP Code 71351.

Year Built ZIP 71351 Louisiana U.S.
2014 or later 1.4% 2.8% 2.5%
2010 to 2013 3.1% 3.9% 2.7%
2000 to 2009 15.0% 14.6% 14.0%
1990 to 1999 21.4% 12.8% 13.9%
1980 to 1989 11.4% 14.6% 13.4%
1970 to 1979 18.8% 18.3% 15.2%
1960 to 1969 14.0% 12.6% 10.6%
1950 to 1959 8.3% 9.5% 10.3%
1940 to 1949 3.5% 4.2% 4.9%
1939 or earlier 3.1% 6.7% 12.6%

Age of Homes in ZIP Code 71351

See the chart below for details on the age of homes in ZIP Code 71351, Louisiana, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 71351

Frequently asked questions about housing in this Marksville, LA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 71351.

1

What is the average home value ZIP Code 71351?

The median home value in ZIP Code 71351 (Marksville, LA) is $101,800.
2

Are homes expensive in ZIP Code 71351?

The median home value in 71351 ($101,800) is an estimated 38% lower than the aggregate median value of $163,100 in Louisiana, and is 53% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 71351?

The vacacy rate for owner-occupied housing in ZIP Code 71351 is 0.0%. This rate is 100% lower than the overall Louisiana owner-occupied vacancy rate of 1.8%. Additionally, the 71351 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 71351 have older homes or newer construction?

In ZIP Code 71351, about 21.4% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 18.8% of homes in the region were built in 1970 to 1979. In contrast, 1.4% of homes in 71351 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 71351? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 71351 than renter-occupied housing. Owner-occupied units make up 68.4% of housing, compared to 31.6% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 71351?

The vacacy rate for rental units in ZIP Code 71351 is 2.5%. This rate is 71% lower than the overall Louisiana vacancy rate of 8.6%. Additionally, the 71351 vacancy rate is 58% lower than the entire U.S. vacancy rate of 6.0%.