Is Fontainbleau / Marlyville, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fontainbleau / Marlyville is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Fontainbleau / Marlyville was a Seller's Market.

Key Takeaway

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

Housing Prices in Fontainbleau / Marlyville, LA

How much do homes in Fontainbleau / Marlyville, LA cost?

Median Sold Price

$429,375

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$66,125(-13.3%)

Key Takeaway

Homes in Fontainbleau / Marlyville have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in Fontainbleau / Marlyville was $429,375 in October 2024, down 13.3% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$250K
N/A
2 $317.5K$340K
+7.1%
3 $495.5K$475K
-4.1%
4 $535K$485K
-9.3%
5+ $597K$465K
-22.1%

Summary: Fontainbleau / Marlyville 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 7.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Neighborhoods

West Carrollton / Leonidas
+8.5%
Uptown / Carrollton
+7.0%
Broadmoor
+6.5%
Fontainbleau / Marlyville
-13.3%

Housing Supply in Fontainbleau / Marlyville, LA

How many homes are available in Fontainbleau / Marlyville, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3849+28.9%

Summary: The Fontainbleau / Marlyville real estate market had 49 homes for sale in October 2024, a 28.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 1215
+25.0%
4 1218
+50.0%
5+ 1011
+10.0%

Summary: The Fontainbleau / Marlyville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Fontainbleau / Marlyville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Fontainbleau / Marlyville in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fontainbleau / Marlyville, LA

How long does it take to sell a home in Fontainbleau / Marlyville, LA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days115 Days+208.0%

Summary: Homes in Fontainbleau / Marlyville had an average of 115 days on market in Oct 2024, up by 208% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Fontainbleau / Marlyville; 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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