Is Audubon, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Audubon is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Audubon has remained a Buyer's Market.

Key Takeaway

Audubon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Audubon, LA

How much do homes in Audubon, LA cost?

Median Sold Price

$777,500

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,250(+3.2%)

Key Takeaway

Homes in Audubon have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Audubon was $777,500 in October 2024, up 3.2% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K$162.5K
-30.9%
2 $480.2K$520.5K
+8.4%
3 $665K$721K
+8.4%
4 $1.1M$1.1M
+5.1%
5+ $1.1M$1.0M
-6.8%

Summary: Audubon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 6.8%.

Median Sold Price Compared To Nearby Neighborhoods

East Carrollton
+30.6%
Uptown / Carrollton
+7.0%
Audubon
+3.2%
Uptown
-12.8%

Housing Supply in Audubon, LA

How many homes are available in Audubon, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
95112+17.9%

Summary: The Audubon real estate market had 112 homes for sale in October 2024, a 17.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 612
+100.0%
3 1721
+23.5%
4 4047
+17.5%
5+ 3030
0.0%

Summary: The Audubon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Audubon, you may be able to get a good deal. 92.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Audubon in October 2024, up by 55.6% month-over-month. Of the 14 sold homes, 93% were sold under asking, 0% were sold at asking, and 7% were sold over asking.

Days on Market for Audubon, LA

How long does it take to sell a home in Audubon, LA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days107 Days+477.8%

Summary: Homes in Audubon had an average of 107 days on market in Oct 2024, up by 477.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Audubon has remained consistent over time.

Summary: During October 2024, 14 homes were sold in Audubon; 7% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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