58Alpha

Richland Parish, LA Housing Market Brief

county · LA · score computed October 2026

Balanced

What is Richland Parish, LA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●30
Inventory Health25%
●55

Population band 2 of 5 (population 9,816–20,389) · comparable within its band

Affordability20%
●64
Economic Strength20%
●63
Rental Yield15%
●84

Where is Richland Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Richland Parish, LA is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Richland Parish, LA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Richland Parish, LA housing market data

MetricValueYoYSource
Median Sale Price$241K▼ -19.5%Redfin
Median Days on Market134 days▲ +294.1%Redfin
Months of Supply5.7▼ -62.7%Redfin
Homes for Sale35▼ -23.9%Redfin
Homes Sold6▲ +100%Redfin
Median Price / Sq Ft$116▼ -13.4%Redfin

How has Richland Parish, LA’s Alpha Score moved?

Now: 58
2-period trend
Median sale price · 12 mo

Markets like Richland Parish, LA

Frequently asked questions

Is Richland Parish, LA a buyer's or seller's market?

In the scores computed October 2026, Richland Parish, LA is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Richland Parish, LA?

The median sale price in Richland Parish, LA is $241K, having fallen 19.5% over the past year, according to Redfin.

How affordable is Richland Parish, LA?

Richland Parish, LA scores 64 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Richland Parish, LA's Alpha Score?

Richland Parish, LA's strongest dimension is Rental Yield (84/100) and its weakest is Price Momentum (30/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Richland Parish, LA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.