Is Saint Landry County, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Landry County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Saint Landry County was a Seller's Market.

Key Takeaway

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

Housing Prices in Saint Landry County, LA

How much do homes in Saint Landry County, LA cost?

Median Sold Price

$174,500

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,375(+3.8%)

Key Takeaway

Homes in Saint Landry County have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Saint Landry County was $174,500 in October 2024, up 3.8% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $14.5K$84K
+479.3%
2 $101K$112K
+10.9%
3 $167K$167.5K
0.3%
4 $257.5K$260.2K
+1.1%
5+ $280K$400K
+42.9%

Summary: Saint Landry County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 479.3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 42.9%.

Median Sold Price Compared To Nearby Counties

Saint Landry County
+3.8%
Lafayette County
-0.9%
Acadia County
-2.3%
Saint Martin County
-6.7%

Housing Supply in Saint Landry County, LA

How many homes are available in Saint Landry County, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
251261+4.0%

Summary: The Saint Landry County real estate market had 261 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 3234
+6.3%
3 143147
+2.8%
4 6668
+3.0%
5+ 56
+20.0%

Summary: The Saint Landry County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1626+62.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Landry County, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Saint Landry County in October 2024, up by 62.5% month-over-month. Of the 26 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.

Days on Market for Saint Landry County, LA

How long does it take to sell a home in Saint Landry County, LA?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days80 Days+25.0%

Summary: Homes in Saint Landry County had an average of 80 days on market in Oct 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Saint Landry County has remained consistent over time.

Summary: During October 2024, 26 homes were sold in Saint Landry County; 31% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 27% 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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