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Home values, rents and more in ZIP code 71061 (Oil City, LA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$111,000
Metro: $183,000 · U.S.: $366,000
Home values, past year
+2.4%
Metro: +3.8% · U.S.: +1.2%
Population
1,977
ACS 2020–24
Median household income
$35,536
Metro: $55,925 · U.S.: $80,734
ZIP codes around 71061, shaded by typical home value710617566171107710827106075555710047102971043
  • Under $130k
  • $130k–$150k
  • $150k–$170k
  • $170k–$190k
  • $190k+
  • No data
ZIP codes around 71061, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 71061 is outlined.

How 71061 compares

The typical home in ZIP code 71061 (Oil City, LA) is worth about $111,000, according to the Zillow Home Value Index for September 2026. Home values in 71061 are 39% below the typical value in the Shreveport metro area ($183,000) and 70% below the U.S. typical value ($366,000).

Over the past year, home values in 71061 rose 2.4%, compared with +3.8% in the Shreveport metro area and +1.2% nationally.

The median household income is $35,536, against $55,925 in the Shreveport metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,977 people live in 71061 (American Community Survey 2020–24).

71061 has the 6th-lowest typical home value of the 29 ZIP codes in the Shreveport metro area and the 47th-lowest of 345 in Louisiana with Zillow figures.

Part of: Oil City, LA · Caddo Parish, LA · Shreveport metro area · Louisiana

More for 71061 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 71061 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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