$10,000 Closing Credit*
$1,825,000
5,435 SqFt
4 Beds
•4 Full Baths
Alice McNeely, Listing Office: LATTER & BLUM (LATT15)
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 November 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
$295,441
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,078(+2.5%)
Key Takeaway
Homes in Saint Tammany County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Saint Tammany County was $295,441 in November 2024, up 2.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $112K | -10.4% |
| 2 Bedrooms | $166K | $170K | +2.4% |
| 3 Bedrooms | $251.7K | $257.2K | +2.2% |
| 4 Bedrooms | $366.9K | $374.5K | +2.0% |
| 5+ Bedrooms | $568.5K | $600K | +5.5% |
Summary: Saint Tammany County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Counties
| Pearl River County | $265K | $336.4K | +27.0% |
| Washington County | $155K | $167.9K | +8.3% |
| Saint Tammany County | $288.3K | $295.4K | +2.5% |
| Tangipahoa County | $229.6K | $233.8K | +1.8% |
Housing Supply in Saint Tammany County, LA
How many homes are available in Saint Tammany County, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,636 | 1,677 | +2.5% |
Summary: The Saint Tammany County real estate market had 1,677 homes for sale in November 2024, a 2.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 27 | +8.0% |
| 2 Bedrooms | 113 | 122 | +8.0% |
| 3 Bedrooms | 681 | 690 | +1.3% |
| 4 Bedrooms | 660 | 663 | 0.5% |
| 5+ Bedrooms | 157 | 175 | +11.5% |
Summary: The Saint Tammany County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 236 | 205 | -13.1% |
Asking Price vs. Sold Price
125 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
29 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. 61% of homes here sold below asking price last month.
Summary: A total of 205 homes were sold or pending in Saint Tammany County in November 2024, down by 13.1% month-over-month. Of the 205 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 60 Days | +46.2% |
Summary: Homes in Saint Tammany County had an average of 60 days on market in Nov 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
77 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
50 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Tammany County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 205 homes were sold in Saint Tammany County; 38% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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