Is Slidell, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Slidell was a Seller's Market.
Housing Prices in Slidell, LA
How much do homes in Slidell, LA cost?
Median Sold Price
$248,400
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Slidell was $248,400 in May 2024, up 1.4% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96K | $100.3K | +4.5% |
2 Bedrooms | $130K | $144.5K | +11.2% |
3 Bedrooms | $215K | $215.1K | 0.1% |
4 Bedrooms | $300K | $290.3K | -3.2% |
5+ Bedrooms | $399.9K | $385K | -3.7% |
Summary: Slidell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 3.7%.
Housing Supply in Slidell, LA
How many homes are available in Slidell, LA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
596 | 674 | +13.1% |
Summary: The Slidell real estate market had 674 homes for sale in May 2024, a 13.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 40 | 44 | +10.0% |
3 Bedrooms | 227 | 257 | +13.2% |
4 Bedrooms | 271 | 304 | +12.2% |
5+ Bedrooms | 54 | 64 | +18.5% |
Summary: The Slidell housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 73 | -5.2% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Slidell in May 2024, down by 5.2% month-over-month. Of the 73 sold homes, 62% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for Slidell, LA
How long does it take to sell a home in Slidell, LA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 64 Days | +62.1% |
Summary: Homes in Slidell had an average of 64 days on market in May 2024, up by 62.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During May 2024, 73 homes were sold in Slidell; 41% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.