Is Belle Chasse, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle Chasse is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Belle Chasse was a Seller's Market.

Key Takeaway

Belle Chasse 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 Belle Chasse, LA

How much do homes in Belle Chasse, LA cost?

Median Sold Price

$368,965

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$635(-0.2%)

Key Takeaway

The sold price of homes in Belle Chasse has remained the same since last year.

Summary: The median home sold price in Belle Chasse was $368,965 in October 2024, down 0.2% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $140K$229.5K
+63.9%
3 $340.6K$337K
-1.1%
4 $408K$383.5K
-6.0%
5+ $495K$425.2K
-14.1%

Summary: Belle Chasse housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.9%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Cities

Marrero
+1.0%
Belle Chasse
-0.2%
Harvey
-2.0%

Housing Supply in Belle Chasse, LA

How many homes are available in Belle Chasse, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6869+1.5%

Summary: The Belle Chasse real estate market had 69 homes for sale in October 2024, a 1.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2023
+15.0%
4 3634
-5.6%
5+ 1111
0.0%

Summary: The Belle Chasse 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 remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belle Chasse, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Belle Chasse in October 2024, up by 11.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 70% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
18 Days50 Days+178.5%

Summary: Homes in Belle Chasse had an average of 50 days on market in Oct 2024, up by 178.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Belle Chasse has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Belle Chasse; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

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