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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dillard is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Dillard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dillard, LA

How much do homes in Dillard, LA cost?

Median Sold Price

$282,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,500(+15.3%)

Key Takeaway

Homes in Dillard have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Dillard was $282,500 in October 2024, up 15.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.5K$135K
+5.9%
3 $260K$290K
+11.5%
4 $310K$255K
-17.7%
5+ $295K$325K
+10.2%

Summary: Dillard 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 increased by 5.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Neighborhoods

Dillard
+15.3%
Gentilly
+5.7%
Saint Anthony
0.0%
Gentilly Terrace
-3.6%
Saint Roch
-12.4%

Housing Supply in Dillard, LA

How many homes are available in Dillard, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2527+8.0%

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

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1514
-6.7%
4 23
+50.0%
5+ 44
0.0%

Summary: The Dillard 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 increased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Dillard in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
81 Days129 Days+57.6%

Summary: Homes in Dillard had an average of 129 days on market in Oct 2024, up by 57.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 1 homes were sold in Dillard; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

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