$8,431 Closing Credit*
$710,000
3,946 SqFt
4 Beds
•3 Full Baths
Darlene Gurievsky, Listing Office: Berkshire Hathaway HomeServices Preferred, REALTOR
Is Saint Tammany County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Saint Tammany County was a Seller's Market.
Key Takeaway
Saint Tammany County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saint Tammany County, LA
How much do homes in Saint Tammany County, LA cost?
Median Sold Price
$295,781
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,264(+2.2%)
Key Takeaway
Homes in Saint Tammany County have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Saint Tammany County was $295,781 in October 2024, up 2.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.5K | $113K | -10.0% |
| 2 Bedrooms | $167.6K | $170K | +1.4% |
| 3 Bedrooms | $251.4K | $258.4K | +2.8% |
| 4 Bedrooms | $367.2K | $374.5K | +2.0% |
| 5+ Bedrooms | $575K | $598.9K | +4.2% |
Summary: Saint Tammany County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Counties
| Washington County | $155K | $165K | +6.5% |
| Saint Tammany County | $289.5K | $295.7K | +2.2% |
| Tangipahoa County | $229.5K | $233.9K | +1.9% |
Housing Supply in Saint Tammany County, LA
How many homes are available in Saint Tammany County, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,635 | 1,758 | +7.5% |
Summary: The Saint Tammany County real estate market had 1,758 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 32 | 29 | -9.4% |
| 2 Bedrooms | 110 | 118 | +7.3% |
| 3 Bedrooms | 674 | 728 | +8.0% |
| 4 Bedrooms | 654 | 708 | +8.3% |
| 5+ Bedrooms | 165 | 175 | +6.1% |
Summary: The Saint Tammany County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.4%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 230 | 224 | -2.6% |
Asking Price vs. Sold Price
152 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Tammany County, you may be able to get a good deal. 67.9% of homes here sold below asking price last month.
Summary: A total of 224 homes were sold or pending in Saint Tammany County in October 2024, down by 2.6% month-over-month. Of the 224 sold homes, 68% were sold under asking, 20% were sold at asking, and 12% were sold over asking.
Days on Market for Saint Tammany County, LA
How long does it take to sell a home in Saint Tammany County, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 64 Days | +42.4% |
Summary: Homes in Saint Tammany County had an average of 64 days on market in Oct 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
91 Homes Were Sold
In 30 - 90 Days
49 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Saint Tammany County has remained consistent over time.
Summary: During October 2024, 224 homes were sold in Saint Tammany County; 33% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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