Zip lookup · LA

71040
Homer, Louisiana.

Homer, Claiborne Parish, LA · population 7,767

What it costs per month · 71040 $516/mo

to buy the typical home at today's mortgage rate — $625 (-55%) since Jan 2020.

What the home itself did
1 year
Down $34,760 -26%
$133,154$98,394 since Sep 2025
5 years
Down $125,997 -56%
$224,391$98,394 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 71040 $516 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 71040$516
  • United States$1,922

At the last five years' pace, prices here aren't rising.

Typical home values in zip 71040 fell 26.1% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Homer, LA — measured over the city limits, which is a different area from this zip.

Typical home value $98,394 as of Sep 2026
-26.1%year on year

Typical home value — 71040

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 71040 $98,394 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 71040$98,394
  • United States$366,157

Within 20 miles

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.