Is Red River County, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Red River County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Red River County was a Seller's Market.

Key Takeaway

Red River County 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 Red River County, LA

How much do homes in Red River County, LA cost?

Median Sold Price

$114,750

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$136,450(-54.3%)

Key Takeaway

Homes in Red River County have sold for 54.3% less than they did a year ago.

Summary: The median home sold price in Red River County was $114,750 in October 2024, down 54.3% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $304K$72.5K
-76.2%
3 $183.7K$150.7K
-18.0%
4 $324.9K-
N/A
5+ $155.5K-
N/A

Summary: Red River County 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 76.2%, 3 bedroom homes decreased by 18%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Caddo County
+2.6%
Red River County
-54.3%

Housing Supply in Red River County, LA

How many homes are available in Red River County, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The Red River County real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 53
-40.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Red River County 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Red River County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Red River County in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Red River County, LA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Red River County, LA

Nearby Markets to Red River County, LA

What housing markets are near Red River County, LA?