Is Belle Chasse, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Belle Chasse has remained a Seller's Market.
Key Takeaway
Belle Chasse is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belle Chasse, LA
How much do homes in Belle Chasse, LA cost?
Median Sold Price
$368,502
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Belle Chasse have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Belle Chasse was $368,502 in May 2024, down 1.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $229.5K | +58.3% |
| 3 Bedrooms | $336.5K | $348.4K | +3.5% |
| 4 Bedrooms | $420.7K | $376.5K | -10.5% |
| 5+ Bedrooms | $585.4K | $500K | -14.6% |
Summary: Belle Chasse housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in Belle Chasse, LA
How many homes are available in Belle Chasse, LA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 68 | 68 | 0.0% |
Summary: The Belle Chasse real estate market had 68 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Belle Chasse housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 17 | +70.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Chasse, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Belle Chasse in May 2024, up by 70.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 41% were sold at asking, and 0% were sold over asking.
Days on Market for Belle Chasse, LA
How long does it take to sell a home in Belle Chasse, LA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 54 Days | +42.1% |
Summary: Homes in Belle Chasse had an average of 54 days on market in May 2024, up by 42.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belle Chasse are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Belle Chasse; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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