$3,551 Closing Credit*
$299,000
1,718 SqFt
3 Beds
•2 Full Baths
Brittani Coco, Listing Office: Keller Williams Realty Services
Is Ponchatoula, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ponchatoula was a Seller's Market.
Key Takeaway
Ponchatoula 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 Ponchatoula, LA
How much do homes in Ponchatoula, LA cost?
Median Sold Price
$250,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,216(+3.4%)
Key Takeaway
Homes in Ponchatoula have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Ponchatoula was $250,000 in November 2024, up 3.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $77K | N/A |
| 2 Bedrooms | $142K | $160K | +12.7% |
| 3 Bedrooms | $225K | $230K | +2.2% |
| 4 Bedrooms | $290K | $311.6K | +7.4% |
| 5+ Bedrooms | $406K | $348.2K | -14.2% |
Summary: Ponchatoula 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 increased by 12.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Ponchatoula | $241.7K | $250K | +3.4% |
| Hammond | $220.6K | $225K | +2.0% |
Housing Supply in Ponchatoula, LA
How many homes are available in Ponchatoula, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 176 | 166 | -5.7% |
Summary: The Ponchatoula real estate market had 166 homes for sale in November 2024, a 5.7% 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 | 13 | 12 | -7.7% |
| 3 Bedrooms | 90 | 84 | -6.7% |
| 4 Bedrooms | 62 | 57 | -8.1% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Ponchatoula 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 decreased by 7.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 27 | -27.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ponchatoula, expect to pay close to the asking price. 37% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in Ponchatoula in November 2024, down by 27.0% month-over-month. Of the 27 sold homes, 33% were sold under asking, 37% were sold at asking, and 30% were sold over asking.
Days on Market for Ponchatoula, LA
How long does it take to sell a home in Ponchatoula, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 42 Days | -4.0% |
Summary: Homes in Ponchatoula had an average of 42 days on market in Nov 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ponchatoula are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Ponchatoula; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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