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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Violet is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Violet, LA

How much do homes in Violet, LA cost?

Median Sold Price

$180,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+5.9%)

Key Takeaway

Homes in Violet have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Violet was $180,000 in November 2024, up 5.9% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$119K
N/A
2 -$163.5K
N/A
3 $170K$182K
+7.1%
4 $174K$217.5K
+25.0%
5+ $225K$150K
-33.3%

Summary: Violet 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 did not change, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.

Median Sold Price Compared To Nearby Cities

Violet
+5.9%
Meraux
-11.5%

Housing Supply in Violet, LA

How many homes are available in Violet, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3132+3.2%

Summary: The Violet real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2324
+4.3%
4 44
0.0%
5+ 21
-50.0%

Summary: The Violet 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 50%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 Violet, 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 Violet in November 2024, the same as the previous 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 Violet, LA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days74 Days+15.6%

Summary: Homes in Violet had an average of 74 days on market in Nov 2024, up by 15.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Violet; 50% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Violet, LA

Nearby Markets to Violet, LA

What housing markets are near Violet, LA?