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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dillard is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Dillard has remained a Seller's Market.

Key Takeaway

Dillard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dillard, LA

How much do homes in Dillard, LA cost?

Median Sold Price

$290,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,000(+15.1%)

Key Takeaway

Homes in Dillard have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Dillard was $290,000 in November 2024, up 15.1% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $127.5K$155K
+21.6%
3 $260K$299K
+15.0%
4 $310K$229.9K
-25.8%
5+ $295K$390K
+32.2%

Summary: Dillard 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 increased by 21.6%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 25.8%, and 5+ bedroom homes increased by 32.2%.

Median Sold Price Compared To Nearby Neighborhoods

Dillard
+15.1%
Gentilly
+3.8%
Gentilly Terrace
-4.5%
Saint Anthony
-5.0%
Saint Roch
-16.4%

Housing Supply in Dillard, LA

How many homes are available in Dillard, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2527+8.0%

Summary: The Dillard real estate market had 27 homes for sale in November 2024, a 8.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1413
-7.1%
4 25
+150.0%
5+ 55
0.0%

Summary: The Dillard 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 7.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dillard, 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 Dillard in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Dillard, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days128 Days+257.9%

Summary: Homes in Dillard had an average of 128 days on market in Nov 2024, up by 257.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dillard are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 6 homes were sold in Dillard; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

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