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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Roch is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Saint Roch, LA

How much do homes in Saint Roch, LA cost?

Median Sold Price

$213,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$42,000(-16.4%)

Key Takeaway

Homes in Saint Roch have sold for 16.4% less than they did a year ago.

Summary: The median home sold price in Saint Roch was $213,500 in November 2024, down 16.4% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $147K-
N/A
2 $215K$127K
-40.9%
3 $250K$239K
-4.4%
4 $194.1K$220K
+13.3%
5+ $320K$350.9K
+9.7%

Summary: Saint Roch 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 decreased by 40.9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 9.7%.

Median Sold Price Compared To Nearby Neighborhoods

Dillard
+15.1%
Seventh Ward
-3.5%
Gentilly Terrace
-4.5%
Saint Roch
-16.4%
Fairgrounds
-18.2%

Housing Supply in Saint Roch, LA

How many homes are available in Saint Roch, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5357+7.5%

Summary: The Saint Roch real estate market had 57 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 88
0.0%
3 1718
+5.9%
4 1415
+7.1%
5+ 1214
+16.7%

Summary: The Saint Roch 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 5.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Roch, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Saint Roch in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Saint Roch, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days97 Days+90.6%

Summary: Homes in Saint Roch had an average of 97 days on market in Nov 2024, up by 90.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saint Roch are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Saint Roch; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 17 Days Ago

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