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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ville Platte, LA

How much do homes in Ville Platte, LA cost?

Median Sold Price

$132,225

$67/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,725(+42.9%)

Key Takeaway

Homes in Ville Platte have sold for 42.9% more than they did a year ago.

Summary: The median home sold price in Ville Platte was $132,225 in October 2024, up 42.9% from last year, and the median price per square foot was $67.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$46.2K
N/A
2 $61.5K$78.5K
+27.6%
3 $93.5K$151.5K
+62.0%
4 $162.4K$156K
-4.0%
5+ $152K$164K
+7.9%

Summary: Ville Platte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 62%, 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

Sep 2024Oct 2024CHANGE
2826-7.1%

Summary: The Ville Platte real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1717
0.0%
4 66
0.0%
5+ 32
-33.3%

Summary: The Ville Platte housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ville Platte in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
50 Days84 Days+67.1%

Summary: Homes in Ville Platte had an average of 84 days on market in Oct 2024, up by 67.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ville Platte has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Ville Platte; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

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