Lake Charles, LA Home Values & Market Trends
Real estate market trends reflect that there have been 1,350 transactions over the past year in Lake Charles. The median value for residential home transactions that occurred over the previous year is $183,809.94. The number of current listings in Lake Charles is 484, and the percentage of properties for sale in the city is 484.00%. Lake Charles, LA currently has 53 properties in foreclosure, 8 bank owned properties, 32 properties headed for auction, and 484 properties for sale.
Lake Charles, LA Real Estate Market Overview
Housing Market Summary for Lake Charles, LA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $209.7K | $168.5K | -19.67% |
| Median Sold Price | $180.2K | $168.5K | -6.50% |
| Homes For Sale | 490 | 466 | -4.90% |
| Homes Sold | 634 | 560 | -11.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Charles, LA
Browse Homes in Lake Charles, LA
Lake Charles home values range from $17,735 to $10,249,459. The median estimated value of a home in Lake Charles is $183,809.94. The median list price of a home is 217,248.5, and the total count of properties in the city is 43,364.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in Lake Charles, LA with 70601 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Lake Charles, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $200,186 in 70605 to the lowest home value of $50,259 in 70601.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Charles, LA ranges from the highest value of $46,406 in 70605 to the lowest value of $46,406 in 70607. Bank owned homes and properties account for 0.02% of properties in Lake Charles, LA. There are 6 zips within Lake Charles, LA; 70607 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70607 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Charles, LA. Auction homes and other auction properties account for 0.07% of all properties in Lake Charles, LA. There are 6 zips within Lake Charles, LA; of those zips, the median estimated home value for homes going to auction ranges from $228,068 in 70611 to the lowest value of $45,774 in 70611.
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More Real Estate Resources for Lake Charles, LA
Guide for Lake Charles, LA
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