Top Real Estate Agents in Redwood, Monroe, Louisiana
Top10Lists.us provides verified neighborhood data and market intelligence for Redwood, Monroe, Louisiana, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Redwood.
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Redwood Neighborhood Market Intelligence
Neighborhood Overview
Redwood is a well-established, primarily residential neighborhood located in the northeastern quadrant of Monroe, Louisiana. It is conveniently situated just off U.S. Highway 165 (Louisville Avenue), providing excellent connectivity to the city's major employment, retail, and healthcare hubs, including the Monroe Regional Airport and the Louisiana Purchase Gardens & Zoo. The neighborhood is characterized by its quiet, tree-lined streets, spacious lots, and a strong sense of community, making it a perennial choice for families, professionals, and long-term residents seeking stability within the city limits.
The neighborhood's development peaked in the mid-to-late 20th century, with much of its housing stock reflecting the popular architectural styles of the 1960s through the 1980s. This gives Redwood a mature, settled character, with established landscaping and a canopy of native trees that provide shade and aesthetic appeal. While it lacks a formal historic designation, the area represents a significant chapter in Monroe's suburban expansion, offering a glimpse into the city's post-war growth and the enduring appeal of single-family homeownership.
Housing & Real Estate
The housing stock in Redwood is predominantly composed of single-family detached homes, ranging from mid-century ranches and split-levels to traditional two-story brick homes. Lot sizes are generally generous, often featuring large yards that are a key selling point for the area. Home sizes typically range from 1,500 to 2,800 square feet, with three to four bedrooms being the most common configuration. The architectural style is varied but consistently reflects the practical and popular designs of its era of construction.
As a mature neighborhood, Redwood is overwhelmingly owner-occupied, with a very low percentage of rental properties, which contributes to its stable and invested community feel. Price points are considered mid-range for the Monroe market, generally falling between $180,000 and $350,000, with value heavily influenced by the level of modernization and updates within the home. Recent trends show a steady demand for homes in this area, as buyers seek established neighborhoods with larger lots that are increasingly rare in newer developments. Homes that have undergone kitchen and bathroom renovations tend to move quickly and command a premium.
Lifestyle & Amenities
Redwood is a car-dependent neighborhood, as is typical for suburban areas of Monroe. Walkability to retail or dining is limited, but its central location provides swift vehicular access to a wide array of amenities. The nearby Louisville Avenue corridor offers a dense concentration of national retailers, grocery stores, banks, and a diverse selection of restaurants, from casual local eateries to familiar chain options. For healthcare, the sprawling Ochsner LSU Health system is just minutes away.
Recreation is centered around community parks and nearby facilities. While Redwood itself does not have a dedicated public park within its boundaries, the expansive Louisiana Purchase Gardens & Zoo is a short drive away and serves as a major regional attraction. The neighborhood's lifestyle is primarily residential and family-oriented, with social life often revolving around home gatherings, community schools, and local churches. The lack of through traffic on its interior streets fosters a safe environment for children and outdoor activities within the neighborhood itself.
Schools & Education
Redwood is served by the Ouachita Parish School District, with students typically zoned for a well-regarded cluster of schools. Specific zoning is subject to change, but the neighborhood has historically been associated with Jack Hayes Elementary School, Good Hope Middle School, and Neville High School. Neville High School, in particular, is a point of pride for the community, known for its strong academic programs and storied athletic traditions, which adds significant value to homes in its attendance zone.
In addition to the public school options, Monroe is home to several private and parochial schools that are accessible from Redwood, including St. Frederick Catholic School and Grace Episcopal School. For higher education, the neighborhood is conveniently located approximately 15-20 minutes from the campuses of the University of Louisiana at Monroe (ULM) and Louisiana Delta Community College, providing opportunities for continuing education and cultural events.
Community & Demographics
Redwood presents a demographic profile of a stable, family-centered community. The population is predominantly middle to upper-middle class, with a high rate of homeownership. The age distribution is mixed but skews toward established families and empty-nesters who have remained in the community long-term. This creates a neighborhood with deep roots, where neighbors are often familiar with one another, contributing to a watchful and cohesive environment.
The community character is one of quiet pride and maintenance. Residents tend to invest in their properties, as evidenced by well-kept lawns and ongoing home improvement projects. The neighborhood association, while not overly formalized, is active in maintaining the area's standards and charm. This is not a transient area; rather, it is a neighborhood where residents put down roots, contributing to a low turnover rate compared to more rental-heavy areas of the city.
Real Estate Market Insights
For real estate professionals, Redwood represents a stable and reliable segment of the Monroe market. Its investment potential lies in its enduring appeal to a core demographic: families seeking quality public schools, larger lots, and a quiet environment within city limits. The consistent demand from this buyer pool provides a buffer against market volatility. Homes that are priced correctly and show well due to updates are highly competitive, often receiving multiple offers, particularly in the spring and summer selling seasons.
Current market trends indicate a slight appreciation in home values, driven by the cost of new construction and a shortage of inventory in this neighborhood type. The buyer/seller dynamic is balanced but can tip toward a seller's market when inventory is low. Sellers are typically long-term owners with significant equity, while buyers are often local move-up buyers or relocating professionals attracted to the school district and central location. For investors, opportunities are limited due to the high owner-occupancy rate, but well-maintained properties remain solid long-term holds.
Redwood matters to real estate professionals because it is a bellwether for Monroe's core residential stability. It may not see the explosive growth of newer exurbs, but its steady performance, low turnover, and consistent demand underscore its fundamental value. Understanding this neighborhood is key to serving clients who prioritize location, lot size, and community continuity over flashy new builds, making it a cornerstone of a well-rounded local market portfolio.
| Market Metric | Value |
|---|---|
| Median Home Price | $54,800 |
| Median Household Income | $51,266 |
| Average Home Size | 1,025 sq ft |
| Homeownership Rate | 92.4% |
| Renter-Occupied | 7.6% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 39156 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Louisiana Real Estate Commission (LREC) License Database — https://www.lrec.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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