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Featured local agent — Dry Prong, LA
Sarah Mitchell
Compass Real Estate · Dry Prong, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dry Prong, LA Housing Market
The last median sale price Redfin published was $178,500 (through May 2026). With 0.5 months of supply and homes going under contract in about 47 days, Dry Prong is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $178,500 home is about $953/mo in principal and interest.
Key numbers for Dry Prong, LA
Median sale price
$178,500
Last published period
Redfin, through April 2026
Days on market
47
Average pace
Redfin, through April 2026
Active listings
1
0.5 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$67,833
Home costs 2.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.2%
Selling above asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Dry Prong a buyer's or seller's market?
Dry Prong, LA is a strong seller's market, based on 0.5 months of supply and homes selling in about 47 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Dry Prong housing market data show?
Every row below is Redfin's final published month for Dry Prong, LA. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $178,500 |
| Median price per sq ft | $98/sq ft |
| Median days on market | 47 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 101.2% |
| Homes sold (that month) | 2 |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Dry Prong is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Dry Prong is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Dry Prong home prices moved?
Across the 18 months we hold for Dry Prong, LA, the median sale price rose 5.3%, from $169,500 in May 2021 to $178,500. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 101.2%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Dry Prong?
Priced off the median sale price of $178,500 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $35,700 | $142,800 | $953/mo |
| 5% | $8,925 | $169,575 | $1,132/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $953, that implies roughly $40,840 a year before you add taxes and insurance. The median household in Dry Prong earns $67,833, about $26,993 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.6x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Dry Prong in the next 12 months?
Tell us your timeline. We send the Dry Prong market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Dry Prong?
Zillow does not publish a rent index (ZORI) for Dry Prong, LA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Dry Prong?
Active listings in Dry Prong, LA went from 2 in January 2022 to 1 in April 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| January 2022 | 2 | not published |
| April 2022 | 1 | not published |
| April 2023 | 1 | not published |
| June 2023 | 1 | not published |
| August 2023 | 1 | not published |
| September 2023 | 1 | 1 |
| May 2024 | 1 | 1 |
| November 2024 | 1 | not published |
| December 2024 | 1 | not published |
| March 2025 | 1 | 1 |
| April 2026 | 1 | not published |
Redfin, through April 2026
How does Dry Prong compare to Louisiana and the U.S.?
Dry Prong homes sell for $178,500 — 34% below the Louisiana median of $269,000. Against the national median of $410,700, Dry Prong runs 57% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Dry Prong, LA | $178,500 | not published | 47 days |
| Louisiana statewide | $269,000 | +3.2% | 55 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Dry Prong
What buyers should watch
- Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $179 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $178,500 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Dry Prong listing goes under contract in 47 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.2% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Dry Prong varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Dry Prong
There are currently 1 homes listed for sale in Dry Prong, Louisiana.
Active listings
1
Homes on market
Avg. days on market
47
Days until sale
How much do homes cost in Dry Prong by property type?
How the Dry Prong, LA market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $178,500 | $98/sq ft | 2 | 47 days |
Who lives in Dry Prong?
American Community Survey estimates for Dry Prong. U.S. Census ACS, 2023
Population
390
Households
152
Median income
$67,833/yr
Median age
46.4 years
Owner-occupied
86.2%
Median home value
$190,400
Median gross rent
$883/mo
Mean commute
34.3 min
86.2% of occupied homes in Dry Prong are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Dry Prong?
3 schools tracked · 1,560 students
The largest public schools serving Dry Prong, LA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Grant High School
Grades 9-12 · 639 students
Grant Junior High School
Grades 6-8 · 468 students
South Grant Elementary School
Grades PK-5 · 453 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dry Prong, LA?
Ordered by distance from Dry Prong, not by size. Compare Dry Prong side by side with any of them.
Dry Prong housing market FAQ
Is Dry Prong a buyer's or seller's market?
Dry Prong, LA is currently a strong seller's market. That read comes from 0.5 months of supply, homes going under contract in about 47 days, and sellers getting 101.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Dry Prong?
The median sale price in the last month Redfin published was $178,500, about $98 per square foot.
Is Dry Prong cheaper than the rest of Louisiana?
Dry Prong's median sale price of $178,500 is 34% lower than the Louisiana statewide median of $269,000, and 57% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Dry Prong?
Homes in Dry Prong, LA spent a median of 47 days on market before going under contract, versus 55 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Dry Prong?
At the current 30-year fixed rate of 7.03%, 20% down on a $178,500 home is about $953 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $40,840 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $67,833.
Are home prices rising in Dry Prong?
We do not hold a complete 12-month value series for Dry Prong, LA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Dry Prong?
Dry Prong ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Dry Prong?
That depends on your timeline, not on a headline. What the data says today: Dry Prong, LA is a strong seller's market with 0.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $178,500, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.