Buras, LA Home Values & Market Trends
Real estate market trends reflect that there have been 7 transactions over the past year in Buras. The median value for residential home transactions that occurred over the previous year is $164,000. The number of current listings in Buras is 13, and the percentage of properties for sale in the city is 13.00%. Buras, LA currently has 3 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 13 properties for sale.
Buras, LA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 70041 | $ 164,000 $ 93/sqft |
Housing Market Summary for Buras, LA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $212K | $127K | -40.09% |
| Median Sold Price | $146.7K | $0 | -100.00% |
| Homes For Sale | 15 | 13 | -13.33% |
| Homes Sold | 7 | 1 | -85.71% |
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 Buras, LA
Browse Homes in Buras, LA
Buras home values range from $57,882 to $310,000. The median estimated value of a home in Buras is $164,000. The median list price of a home is 127,000, and the total count of properties in the city is 20.
- Pre-ForeclosurePre-foreclosure homes account for 10.00% of all residential properties in Buras, LA with 70041 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Buras, LA; of that zips, the estimated home value for pre-foreclosure homes ranges from $199,340 in 70041 to the lowest home value of $139,496 in 70041.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Buras, 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 Buras, LA. There is 1 zips within Buras, LA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70041 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Buras, LA. Auction homes and other auction properties account for 5.00% of all properties in Buras, LA. There is 1 zips within Buras, LA; of that zips, the median estimated home value for homes going to auction ranges from $129,928 in 70041 to the lowest value of $129,928 in 70041.
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Guide for Buras, LA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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