$75,000
4.69 Acres
Land
MaryJo Hoover, Listing Office: LPT Realty, LLC.
Is Denham Springs, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Denham Springs has remained a Seller's Market.
Key Takeaway
Denham Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Denham Springs, LA
How much do homes in Denham Springs, LA cost?
Median Sold Price
$224,900
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,400(+9.4%)
Key Takeaway
Homes in Denham Springs have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Denham Springs was $224,900 in November 2024, up 9.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $100K | -23.1% |
| 3 Bedrooms | $203.7K | $213K | +4.5% |
| 4 Bedrooms | $265K | $258.4K | -2.5% |
| 5+ Bedrooms | - | $287.9K | N/A |
Summary: Denham Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes did not change.
Housing Supply in Denham Springs, LA
How many homes are available in Denham Springs, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The Denham Springs real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Denham Springs housing inventory by bedroom type for November 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 6.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Denham Springs, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Denham Springs in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Denham Springs, LA
How long does it take to sell a home in Denham Springs, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 72 Days | +243.5% |
Summary: Homes in Denham Springs had an average of 72 days on market in Nov 2024, up by 243.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Denham Springs has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Denham Springs; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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