Median home value in zip code 71061 (Oil City, LA) is $97,203, down 10.6% year over year. Part of the Shreveport-Bossier City, LA metropolitan area.

Home Value$97,203

YoY Change

-10.6%

Prices falling — better for buyers.

Affordability

Enter your income for 71061 (Oil City).

Income (annual)

Down Payment

$19,441 on $97,203

Example: $75,000 household income. Change it above to see your own.

Affordable13.4% of income

Under the 28% guideline.

PITI$836

P/I13.4%

Afford$203K

Room+$106K

P&I $492Tax $45Ins $300

6.50% 30yr, 20% down, county tax + LA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

71061 is part of the Shreveport-Bossier City, LA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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