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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crowley is a neutral's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

Crowley 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 Crowley, LA

How much do homes in Crowley, LA cost?

Median Sold Price

$146,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$28,750(-16.5%)

Key Takeaway

Homes in Crowley have sold for 16.5% less than they did a year ago.

Summary: The median home sold price in Crowley was $146,000 in August 2024, down 16.5% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $21.2K$18.5K
-12.7%
2 $116K$59K
-49.1%
3 $164.5K$149K
-9.4%
4 $224.5K$242.5K
+8.0%
5+ $335K$169K
-49.6%

Summary: Crowley housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes decreased by 49.1%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 49.6%.

Housing Supply in Crowley, LA

How many homes are available in Crowley, LA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3936-7.7%

Summary: The Crowley real estate market had 36 homes for sale in August 2024, a 7.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1715
-11.8%
4 1413
-7.1%
5+ 44
0.0%

Summary: The Crowley 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 remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 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 Crowley, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Crowley in August 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Crowley, LA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
96 Days62 Days-35.6%

Summary: Homes in Crowley had an average of 62 days on market in Aug 2024, down by 35.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crowley are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 6 homes were sold in Crowley; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Crowley, LA

Nearby Markets to Crowley, LA