Is Caddo County, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caddo County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Caddo County was a Seller's Market.

Key Takeaway

Caddo 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 Caddo County, LA

How much do homes in Caddo County, LA cost?

Median Sold Price

$189,803

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,803(+2.6%)

Key Takeaway

Homes in Caddo County have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Caddo County was $189,803 in October 2024, up 2.6% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68K$60K
-11.8%
2 $82.4K$97.9K
+18.9%
3 $181.4K$179.9K
-0.9%
4 $279.9K$299K
+6.8%
5+ $385K$362K
-6.0%

Summary: Caddo County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 18.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 6%.

Median Sold Price Compared To Nearby Counties

Bossier County
+3.4%
Caddo County
+2.6%
Red River County
-54.3%

Housing Supply in Caddo County, LA

How many homes are available in Caddo County, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,1611,224+5.4%

Summary: The Caddo County real estate market had 1,224 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1614
-12.5%
2 175181
+3.4%
3 650681
+4.8%
4 261287
+10.0%
5+ 5961
+3.4%

Summary: The Caddo County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 3.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
167180+7.8%

Asking Price vs. Sold Price

106 Homes Were Sold
Under Asking

57 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caddo County, you may be able to get a good deal. 58.9% of homes here sold below asking price last month.

Summary: A total of 180 homes were sold or pending in Caddo County in October 2024, up by 7.8% month-over-month. Of the 180 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.

Days on Market for Caddo County, LA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Caddo County, LA

Nearby Markets to Caddo County, LA

What housing markets are near Caddo County, LA?