$570 Closing Credit*
$48,000
1,800 SqFt
3 Beds
•2 Full Baths
Richard Hostetler, Listing Office: Prime Real Estate, LLC
Is Red River County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Red River County was a Seller's Market.
Key Takeaway
Red River County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Red River County, LA
How much do homes in Red River County, LA cost?
Median Sold Price
$161,275
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$140,675(-46.6%)
Key Takeaway
Homes in Red River County have sold for 46.6% less than they did a year ago.
Summary: The median home sold price in Red River County was $161,275 in August 2024, down 46.6% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $204.5K | $75K | -63.3% |
| 3 Bedrooms | $165K | $190K | +15.2% |
| 4 Bedrooms | $350K | $100K | -71.4% |
| 5+ Bedrooms | - | $155.5K | N/A |
Summary: Red River County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 63.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Caddo County | $180.5K | $189.5K | +5.0% |
| De Soto County | $279.5K | $277.4K | -0.7% |
| Red River County | $301.9K | $161.2K | -46.6% |
Housing Supply in Red River County, LA
How many homes are available in Red River County, LA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The Red River County real estate market had 11 homes for sale in August 2024, a 37.5% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Red River County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 August 2024, the same as the previous 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
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Red River County are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in Red River County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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