$29,900
6.00 Acres
Land
Louis Williams, Listing Office: KELLER WILLIAMS REALTY 455-0100
Is Lacombe, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lacombe was a Seller's Market.
Key Takeaway
Lacombe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lacombe, LA
How much do homes in Lacombe, LA cost?
Median Sold Price
$245,415
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,415(+9.1%)
Key Takeaway
Homes in Lacombe have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Lacombe was $245,415 in November 2024, up 9.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $154K | +136.9% |
| 2 Bedrooms | $100K | $165K | +65.0% |
| 3 Bedrooms | $220K | $238.7K | +8.5% |
| 4 Bedrooms | $325K | $305K | -6.2% |
| 5+ Bedrooms | $505K | $380K | -24.8% |
Summary: Lacombe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.9%, 2 bedroom homes increased by 65%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 24.8%.
Median Sold Price Compared To Nearby Cities
| Lacombe | $225K | $245.4K | +9.1% |
| New Orleans | $329.6K | $327.6K | -0.6% |
Housing Supply in Lacombe, LA
How many homes are available in Lacombe, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 62 | +1.6% |
Summary: The Lacombe real estate market had 62 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Lacombe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
6 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 Lacombe, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lacombe in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Lacombe, LA
How long does it take to sell a home in Lacombe, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 53 Days | +116.3% |
Summary: Homes in Lacombe had an average of 53 days on market in Nov 2024, up by 116.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lacombe are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Lacombe; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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