$238 Closing Credit*
$20,000
1,100 SqFt
2 Beds
•1 Full Bath
Cora Anderson, Listing Office: Anderson Realty & Associates
Is Mansfield, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mansfield has remained a Seller's Market.
Key Takeaway
Mansfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mansfield, LA
How much do homes in Mansfield, LA cost?
Median Sold Price
$135,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,450(-1.8%)
Key Takeaway
Homes in Mansfield have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Mansfield was $135,000 in October 2024, down 1.8% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $75K | $62.5K | -16.7% |
| 3 Bedrooms | $137.4K | $142.5K | +3.7% |
| 4 Bedrooms | $185K | $260K | +40.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mansfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 40.5%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Mansfield real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mansfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mansfield, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Mansfield in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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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