59Alpha

Richland Parish, LA Housing Market Brief

county · LA · as of May 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%
+19.153
Inventory Health25%
-6.653
Affordability20%
73
Economic Strength20%
-3.941
Rental Yield15%
85

Where is Richland Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Richland Parish, LA housing market data

MetricValueYoY
Median Sale Price$295K▲ +63%
Median Days on Market229 days▲ +615.6%
Months of Supply5.6▲ +47.4%
Homes for Sale39▲ +2.6%
Homes Sold7-30%
Median Price / Sq Ft$171▲ +94.5%
Sale-to-List Ratio81.8%

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

Now: 59
3-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?

As of May 2026, Richland Parish, LA is classified as a Balanced Market, based on its Alpha Score of 59 out of 100. The classification reflects current price, inventory, 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 $295K, having risen 63% over the past year.

How affordable is Richland Parish, LA?

Richland Parish, LA scores 73 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 (85/100) and its weakest is Economic Strength (41/100). 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.