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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mamou is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mamou was a Seller's Market.

Key Takeaway

Mamou 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 Mamou, LA

How much do homes in Mamou, LA cost?

Median Sold Price

$115,000

$47/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$58,500(+103.5%)

Key Takeaway

Homes in Mamou have sold for 103.5% more than they did a month ago.

Summary: The median home sold price in Mamou was $115,000 in November 2024, up 103.5% from last month, and the median price per square foot was $47.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $56.5K-
N/A
4 -$115K
N/A
5+ --
N/A

Summary: Mamou housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mamou, LA

How many homes are available in Mamou, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57+40.0%

Summary: The Mamou real estate market had 7 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 12
+100.0%
5+ 00
0.0%

Summary: The Mamou 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Mamou, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mamou in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mamou, LA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days14 Days+55.6%

Summary: Homes in Mamou had an average of 14 days on market in Nov 2024, up by 55.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Mamou; 100% of homes were sold within 30 days, 0% 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

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