Is Slidell, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slidell is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Slidell, LA

How much do homes in Slidell, LA cost?

Median Sold Price

$244,375

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$367(-0.2%)

Key Takeaway

The sold price of homes in Slidell has remained the same since last year.

Summary: The median home sold price in Slidell was $244,375 in November 2024, down 0.2% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $83K$108K
+30.1%
2 $143K$130K
-9.1%
3 $214.8K$208.7K
-2.8%
4 $294.4K$284.6K
-3.3%
5+ $420K$349K
-16.9%

Summary: Slidell housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 16.9%.

Housing Supply in Slidell, LA

How many homes are available in Slidell, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
644669+3.9%

Summary: The Slidell real estate market had 669 homes for sale in November 2024, a 3.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 4654
+17.4%
3 260274
+5.4%
4 287287
0.0%
5+ 4649
+6.5%

Summary: The Slidell 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 increased by 17.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7172+1.4%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slidell, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in Slidell in November 2024, up by 1.4% month-over-month. Of the 72 sold homes, 56% were sold under asking, 24% were sold at asking, and 21% were sold over asking.

Days on Market for Slidell, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days68 Days+48.4%

Summary: Homes in Slidell had an average of 68 days on market in Nov 2024, up by 48.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Slidell has remained consistent over time.

Summary: During November 2024, 72 homes were sold in Slidell; 31% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 31% 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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