Alyson Finch, Listing Office: Real Broker, LLC
Is Breaux Bridge, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Breaux Bridge was a Seller's Market.
Key Takeaway
Breaux Bridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Breaux Bridge, LA
How much do homes in Breaux Bridge, LA cost?
Median Sold Price
$211,250
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$49,750(-19.1%)
Key Takeaway
Homes in Breaux Bridge have sold for 19.1% less than they did a year ago.
Summary: The median home sold price in Breaux Bridge was $211,250 in August 2024, down 19.1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184K | $159.9K | -13.1% |
| 2 Bedrooms | $147.5K | $145K | -1.7% |
| 3 Bedrooms | $249K | $210K | -15.7% |
| 4 Bedrooms | $299.5K | $304.5K | +1.7% |
| 5+ Bedrooms | $437.5K | $235K | -46.3% |
Summary: Breaux Bridge housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 46.3%.
Housing Supply in Breaux Bridge, LA
How many homes are available in Breaux Bridge, LA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 77 | 85 | +10.4% |
Summary: The Breaux Bridge real estate market had 85 homes for sale in August 2024, a 10.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 44 | 47 | +6.8% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Breaux Bridge housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Breaux Bridge, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Breaux Bridge in August 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Breaux Bridge, LA
How long does it take to sell a home in Breaux Bridge, LA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 49 Days | 53 Days | +6.9% |
Summary: Homes in Breaux Bridge had an average of 53 days on market in Aug 2024, up by 6.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Breaux Bridge are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 8 homes were sold in Breaux Bridge; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.