Is Webster County, 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, Webster County was a Seller's Market.
Key Takeaway
Webster County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Webster County, LA
How much do homes in Webster County, LA cost?
Median Sold Price
$130,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Webster County have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in Webster County was $130,000 in May 2024, down 9.6% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.3K | $87.7K | +171.7% |
| 2 Bedrooms | $90K | $85K | -5.6% |
| 3 Bedrooms | $153K | $135.5K | -11.4% |
| 4 Bedrooms | $168.7K | $219K | +29.8% |
| 5+ Bedrooms | $229.5K | $146.5K | -36.2% |
Summary: Webster County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 171.7%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Counties
| Bossier County | $255.5K | $249.6K | -2.3% |
| Webster County | $143.8K | $130K | -9.6% |
Housing Supply in Webster County, LA
How many homes are available in Webster County, LA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 85 | 101 | +18.8% |
Summary: The Webster County real estate market had 101 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 16 | +77.8% |
| 3 Bedrooms | 42 | 49 | +16.7% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Webster County 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 increased by 77.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Webster County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Webster County in May 2024, up by 6.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Webster County, LA
How long does it take to sell a home in Webster County, LA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 57 Days | +55.6% |
Summary: Homes in Webster County had an average of 57 days on market in May 2024, up by 55.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Webster County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in Webster County; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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