Is Saint Landry County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Saint Landry County was a Neutral Market.
Housing Prices in Saint Landry County, LA
How much do homes in Saint Landry County, LA cost?
Median Sold Price
$168,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Landry County was $168,000 in May 2024, up 0.6% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45.7K | $82.5K | +80.3% |
2 Bedrooms | $89.5K | $112K | +25.1% |
3 Bedrooms | $159K | $165K | +3.8% |
4 Bedrooms | $265K | $239K | -9.8% |
5+ Bedrooms | $275K | $299K | +8.7% |
Summary: Saint Landry County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.3%, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Counties
Acadia County | $172K | $180K | +4.7% |
Saint Landry County | $167K | $168K | +0.6% |
Saint Martin County | $217K | $210K | -3.2% |
Lafayette County | $249.9K | $240.9K | -3.6% |
Housing Supply in Saint Landry County, LA
How many homes are available in Saint Landry County, LA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
245 | 242 | -1.2% |
Summary: The Saint Landry County real estate market had 242 homes for sale in May 2024, a 1.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 150 | 149 | -0.7% |
4 Bedrooms | 57 | 54 | -5.3% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Saint Landry County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 28 | -12.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Saint Landry County in May 2024, down by 12.5% month-over-month. Of the 28 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for Saint Landry County, LA
How long does it take to sell a home in Saint Landry County, LA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 83 Days | +9.9% |
Summary: Homes in Saint Landry County had an average of 83 days on market in May 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Saint Landry County; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.