Houma, LA Home Values & Market Trends
Real estate market trends reflect that there have been 558 transactions over the past year in Houma. The median value for residential home transactions that occurred over the previous year is $210,543.99. The number of current listings in Houma is 114, and the percentage of properties for sale in the city is 114.00%. Houma, LA currently has 28 properties in foreclosure, 0 bank owned properties, 20 properties headed for auction, and 114 properties for sale.
Houma, LA Real Estate Market Overview
Housing Market Summary for Houma, LA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $269.5K | $194.5K | -27.83% |
| Median Sold Price | $178.6K | $194.5K | 8.92% |
| Homes For Sale | 102 | 123 | 20.59% |
| Homes Sold | 212 | 180 | -15.09% |
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 Houma, LA
Browse Homes in Houma, LA
Houma home values range from $16,462 to $3,161,472. The median estimated value of a home in Houma is $210,543.99. The median list price of a home is 269,400, and the total count of properties in the city is 22,179.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Houma, LA with 70364 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Houma, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $222,259 in 70360 to the lowest home value of $140,342 in 70363.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Houma, LA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Houma, LA. There are 3 zips within Houma, LA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70363 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Houma, LA. Auction homes and other auction properties account for 0.09% of all properties in Houma, LA. There are 3 zips within Houma, LA; of those zips, the median estimated home value for homes going to auction ranges from $312,769 in 70364 to the lowest value of $44,760 in 70364.
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Guide for Houma, LA
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