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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eunice is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Eunice has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Eunice, LA

How much do homes in Eunice, LA cost?

Median Sold Price

$129,000

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,000(-4.4%)

Key Takeaway

Homes in Eunice have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Eunice was $129,000 in November 2024, down 4.4% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$84K
N/A
2 $80K$105K
+31.3%
3 $125K$146K
+16.8%
4 $257.5K$80K
-68.9%
5+ $114.7K-
N/A

Summary: Eunice 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 31.3%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 68.9%, and 5+ bedroom homes did not change.

Housing Supply in Eunice, LA

How many homes are available in Eunice, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5153+3.9%

Summary: The Eunice real estate market had 53 homes for sale in November 2024, a 3.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 3434
0.0%
4 89
+12.5%
5+ 22
0.0%

Summary: The Eunice 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were 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 Eunice, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eunice in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Eunice, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days121 Days+611.8%

Summary: Homes in Eunice had an average of 121 days on market in Nov 2024, up by 611.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Eunice; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 2 Days Ago

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