Is Ville Platte, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ville Platte is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ville Platte was a Neutral Market.

Key Takeaway

Ville Platte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ville Platte, LA

How much do homes in Ville Platte, LA cost?

Median Sold Price

$133,500

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,200(+54.7%)

Key Takeaway

Homes in Ville Platte have sold for 54.7% more than they did a year ago.

Summary: The median home sold price in Ville Platte was $133,500 in November 2024, up 54.7% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$46.2K
N/A
2 $61.5K$71.2K
+15.9%
3 $89.4K$151.5K
+69.5%
4 $162.4K$156K
-4.0%
5+ $152K$164K
+7.9%

Summary: Ville Platte 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 increased by 15.9%, 3 bedroom homes increased by 69.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 7.9%.

Housing Supply in Ville Platte, LA

How many homes are available in Ville Platte, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2732+18.5%

Summary: The Ville Platte real estate market had 32 homes for sale in November 2024, a 18.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1921
+10.5%
4 56
+20.0%
5+ 22
0.0%

Summary: The Ville Platte 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 200%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Ville Platte in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Ville Platte, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days93 Days+145.2%

Summary: Homes in Ville Platte had an average of 93 days on market in Nov 2024, up by 145.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ville Platte are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Ville Platte; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

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