Is Tangipahoa County, 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, Tangipahoa County has remained a Seller's Market.
Housing Prices in Tangipahoa County, LA
How much do homes in Tangipahoa County, LA cost?
Median Sold Price
$230,596
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tangipahoa County was $230,596 in May 2024, down 0.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $159.9K | +59.9% |
2 Bedrooms | $139.4K | $153.5K | +10.1% |
3 Bedrooms | $219K | $219.7K | 0.3% |
4 Bedrooms | $284.5K | $289K | +1.6% |
5+ Bedrooms | $345.6K | $367.8K | +6.4% |
Summary: Tangipahoa County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.9%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Counties
Washington County | $155K | $160K | +3.2% |
Saint Tammany County | $286.8K | $293.4K | +2.3% |
Tangipahoa County | $232.2K | $230.5K | -0.7% |
Housing Supply in Tangipahoa County, LA
How many homes are available in Tangipahoa County, LA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
509 | 523 | +2.8% |
Summary: The Tangipahoa County real estate market had 523 homes for sale in May 2024, a 2.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 36 | 37 | +2.8% |
3 Bedrooms | 280 | 288 | +2.9% |
4 Bedrooms | 156 | 158 | +1.3% |
5+ Bedrooms | 33 | 34 | +3.0% |
Summary: The Tangipahoa County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
84 | 91 | +8.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 91 homes were sold or pending in Tangipahoa County in May 2024, up by 8.3% month-over-month. Of the 91 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.
Days on Market for Tangipahoa County, LA
How long does it take to sell a home in Tangipahoa County, LA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 55 Days | -1.0% |
Summary: Homes in Tangipahoa County had an average of 55 days on market in May 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 91 homes were sold in Tangipahoa County; 53% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.