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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Luling is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Luling, LA

How much do homes in Luling, LA cost?

Median Sold Price

$279,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,500(-0.9%)

Key Takeaway

Homes in Luling have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Luling was $279,500 in November 2024, down 0.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $147.5K$180K
+22.0%
3 $245K$249.5K
+1.8%
4 $365K$372K
+1.9%
5+ $337K$429.5K
+27.4%

Summary: Luling 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 22%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 27.4%.

Median Sold Price Compared To Nearby Cities

Saint Rose
0.4%
Luling
-0.9%

Housing Supply in Luling, LA

How many homes are available in Luling, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7468-8.1%

Summary: The Luling real estate market had 68 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 3936
-7.7%
4 2625
-3.8%
5+ 54
-20.0%

Summary: The Luling 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 decreased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Luling, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Luling in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Luling, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days33 Days-36.9%

Summary: Homes in Luling had an average of 33 days on market in Nov 2024, down by 36.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Luling are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Luling; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Luling, LA

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