$2,832 Closing Credit*
$238,500
1,982 SqFt
4 Beds
•2 Full Baths
Judy Palisi, Listing Office: CBTEC BEAU CHENE
Is Denham Springs, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Denham Springs was a Seller's Market.
Key Takeaway
Denham Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Denham Springs, LA
How much do homes in Denham Springs, LA cost?
Median Sold Price
$218,450
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,800(-1.7%)
Key Takeaway
Homes in Denham Springs have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Denham Springs was $218,450 in October 2024, down 1.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $100K | -23.1% |
| 3 Bedrooms | $205K | $213K | +3.9% |
| 4 Bedrooms | $274K | $237.9K | -13.2% |
| 5+ Bedrooms | - | $276.9K | N/A |
Summary: Denham Springs 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 decreased by 23.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 13.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Denham Springs real estate market had 27 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Denham Springs 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 decreased by 6.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Denham Springs, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Denham Springs in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 20 Days | -47.4% |
Summary: Homes in Denham Springs had an average of 20 days on market in Oct 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Denham Springs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Denham Springs; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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