$6,318 Closing Credit*
$532,000
2,880 SqFt
3 Beds
•2 Full Baths, 1 Partial
Danny Lowery, Listing Office: Pinnacle Realty Advisors
Is Mansfield, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mansfield has remained a Buyer's Market.
Key Takeaway
Mansfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mansfield, LA
How much do homes in Mansfield, LA cost?
Median Sold Price
$125,500
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,450(-10.3%)
Key Takeaway
Homes in Mansfield have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Mansfield was $125,500 in November 2024, down 10.3% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $75K | $70K | -6.7% |
| 3 Bedrooms | $139.9K | $142.5K | +1.9% |
| 4 Bedrooms | $197.5K | $190K | -3.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mansfield 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 decreased by 6.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.
Housing Supply in Mansfield, LA
How many homes are available in Mansfield, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Mansfield real estate market had 14 homes for sale in November 2024, a 6.7% decrease 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mansfield 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 increased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mansfield, 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 Mansfield in November 2024, down by 66.7% month-over-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 Mansfield, LA
We’re sorry, we don't have information for this market at the moment
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