$2,648 Closing Credit*
$223,000
1,574 SqFt
4 Beds
•2 Full Baths
Sylvia Hurst, Listing Office: Newlands United, LLC
Is Loranger, 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, Loranger was a Seller's Market.
Key Takeaway
Loranger is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Loranger, LA
How much do homes in Loranger, LA cost?
Median Sold Price
$244,250
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,250(+1.8%)
Key Takeaway
Homes in Loranger have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Loranger was $244,250 in November 2024, up 1.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $235K | $232.5K | -1.1% |
| 4 Bedrooms | $274.9K | $285K | +3.7% |
| 5+ Bedrooms | $475K | - | N/A |
Summary: Loranger 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 did not change, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Robert | $214K | $228.5K | +6.8% |
| Loranger | $240K | $244.2K | +1.8% |
Housing Supply in Loranger, LA
How many homes are available in Loranger, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Loranger real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loranger 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 increased by 12.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Loranger, 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 Loranger in November 2024, up by 50.0% 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 Loranger, LA
How long does it take to sell a home in Loranger, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 126 Days | +59.3% |
Summary: Homes in Loranger had an average of 126 days on market in Nov 2024, up by 59.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Loranger are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Loranger; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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