$950 Closing Credit*
$80,000
2,000 SqFt
3 Beds
•2 Full Baths
Rachael Culpepper, Listing Office: LA State Realty, LLC
Is Minden, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Minden was a Seller's Market.
Key Takeaway
Minden 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 Minden, LA
How much do homes in Minden, LA cost?
Median Sold Price
$144,700
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$700(+0.5%)
Key Takeaway
The sold price of homes in Minden has remained the same since last year.
Summary: The median home sold price in Minden was $144,700 in October 2024, up 0.5% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.5K | $28K | -59.1% |
| 2 Bedrooms | $46K | $96.1K | +109.0% |
| 3 Bedrooms | $145K | $147.5K | +1.7% |
| 4 Bedrooms | $204K | $272.2K | +33.5% |
| 5+ Bedrooms | $229.5K | $270K | +17.6% |
Summary: Minden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.1%, 2 bedroom homes increased by 109%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes increased by 17.6%.
Housing Supply in Minden, LA
How many homes are available in Minden, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Summary: The Minden real estate market had 50 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 26 | 29 | +11.5% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Minden housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Minden, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Minden in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Minden, LA
We’re sorry, we don't have information for this market at the moment
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