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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maurice is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Maurice was a Buyer's Market.

Key Takeaway

Maurice 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 Maurice, LA

How much do homes in Maurice, LA cost?

Median Sold Price

$239,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$16,000(-6.3%)

Key Takeaway

Homes in Maurice have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Maurice was $239,000 in November 2024, down 6.3% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$160K
N/A
2 $196K$170K
-13.3%
3 $233K$234K
0.4%
4 $259.7K$265K
+2.0%
5+ $407.5K-
N/A

Summary: Maurice 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 13.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.

Housing Supply in Maurice, LA

How many homes are available in Maurice, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3231-3.1%

Summary: The Maurice real estate market had 31 homes for sale in November 2024, a 3.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1310
-23.1%
4 1618
+12.5%
5+ 33
0.0%

Summary: The Maurice 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 decreased by 23.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maurice, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Maurice in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Maurice, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days148 Days+325.1%

Summary: Homes in Maurice had an average of 148 days on market in Nov 2024, up by 325.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Maurice are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in Maurice; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 2 Days Ago

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