$2,375 Closing Credit*
$200,000
2,762 SqFt
4 Beds
•2 Full Baths, 1 Partial
Denise Dutruch, Listing Office: Prestige Properties of Louisiana, LLC
Is Mandeville, 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, Mandeville was a Seller's Market.
Key Takeaway
Mandeville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mandeville, LA
How much do homes in Mandeville, LA cost?
Median Sold Price
$358,566
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,566(+7.0%)
Key Takeaway
Homes in Mandeville have sold for 7% more than they did a year ago.
Summary: The median home sold price in Mandeville was $358,566 in November 2024, up 7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.2K | $295K | -1.4% |
| 2 Bedrooms | $195K | $185.5K | -4.9% |
| 3 Bedrooms | $279K | $275K | -1.4% |
| 4 Bedrooms | $432.7K | $420.3K | -2.9% |
| 5+ Bedrooms | $625K | $685K | +9.6% |
Summary: Mandeville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in Mandeville, LA
How many homes are available in Mandeville, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 300 | 311 | +3.7% |
Summary: The Mandeville real estate market had 311 homes for sale in November 2024, a 3.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 35 | 32 | -8.6% |
| 3 Bedrooms | 114 | 118 | +3.5% |
| 4 Bedrooms | 103 | 107 | +3.9% |
| 5+ Bedrooms | 47 | 52 | +10.6% |
Summary: The Mandeville 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 decreased by 8.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 10.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 37 | -30.2% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mandeville, you may be able to get a good deal. 78.4% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Mandeville in November 2024, down by 30.2% month-over-month. Of the 37 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Mandeville, LA
How long does it take to sell a home in Mandeville, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 56 Days | +60.0% |
Summary: Homes in Mandeville had an average of 56 days on market in Nov 2024, up by 60% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mandeville has remained consistent over time.
Summary: During November 2024, 37 homes were sold in Mandeville; 35% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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