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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Navarre is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Navarre has remained a Buyer's Market.

Key Takeaway

Navarre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Navarre, LA

How much do homes in Navarre, LA cost?

Median Sold Price

$511,850

$276/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$143,850(+39.1%)

Key Takeaway

Homes in Navarre have sold for 39.1% more than they did a month ago.

Summary: The median home sold price in Navarre was $511,850 in November 2024, up 39.1% from last month, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $295K-
N/A
3 -$561K
N/A
4 $479K$462.7K
-3.4%
5+ --
N/A

Summary: Navarre housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Navarre
+39.1%
Lakewood
+23.4%

Housing Supply in Navarre, LA

How many homes are available in Navarre, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3234+6.3%

Summary: The Navarre real estate market had 34 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 912
+33.3%
4 1513
-13.3%
5+ 34
+33.3%

Summary: The Navarre 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 increased by 33.3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Navarre, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Navarre in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Navarre, LA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days22 Days-66.4%

Summary: Homes in Navarre had an average of 22 days on market in Nov 2024, down by 66.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Navarre are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Navarre; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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