Louisiana Home Values & Market Trends

There have been 41,626 properties sold in the Louisiana real estate market trends. Median home values in the Louisiana housing market are $182,647.23. The median residential home value for transactions over the last 12 months is 180,917.395. The State of Louisiana currently has 1,421 properties in foreclosure, 342 bank owned properties, and 1,038 headed for auction.

Louisiana Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Caddo

$ 166,298

$ 94/sqft

Grant

$ 193,340

$ 99/sqft

Calcasieu

$ 199,900

$ 116/sqft

Plaquemines

$ 440,961

$ 160/sqft

Orleans

$ 333,750

$ 201/sqft

Iberville

$ 80,308

$ 56/sqft

Bossier

$ 273,163

$ 145/sqft

Assumption

$ 152,444

$ 93/sqft

Jefferson

$ 269,622

$ 151/sqft

Pointe Coupee

$ 222,740

$ 122/sqft

East Baton Rouge

$ 197,411

$ 113/sqft

Allen

$ 76,222

$ 50/sqft

Lafayette

$ 249,950

$ 134/sqft

East Feliciana

$ 116,712

$ 65/sqft

Terrebonne

$ 224,353

$ 118/sqft

Tensas

$ 430,028

$ 151/sqft

Rapides

$ 209,750

$ 109/sqft

Morehouse

$ 193,473

$ 78/sqft

Tangipahoa

$ 227,000

$ 125/sqft

Franklin

$ 154,250

$ 87/sqft

Livingston

$ 246,838

$ 132/sqft

Lincoln

$ 147,673

$ 92/sqft

Ascension

$ 292,847

$ 134/sqft

Caldwell

$ 149,000

$ 85/sqft

Lafourche

$ 165,819

$ 91/sqft

Union

$ 381,483

$ 150/sqft

Ouachita

$ 168,937

$ 94/sqft

Winn

$ 78,999

$ 51/sqft

Webster

$ 141,000

$ 83/sqft

Catahoula

$ 138,700

$ 60/sqft

Sabine

$ 256,443

$ 135/sqft

Madison

$ 64,696

$ 26/sqft

Vermilion

$ 162,480

$ 108/sqft

Red River

$ 55,607

$ 39/sqft

Beauregard

$ 253,009

$ 112/sqft

Richland

$ 389,900

$ 119/sqft

Iberia

$ 195,000

$ 98/sqft

West Feliciana

$ 345,465

$ 126/sqft

Avoyelles

$ 139,196

$ 86/sqft

Lasalle

$ --

$ --

Vernon

$ 134,483

$ 71/sqft

Jackson

$ --

$ --

Jefferson Davis

$ 129,604

$ 76/sqft

St. Landry

$ --

$ --

Acadia

$ 154,656

$ 81/sqft

St. Helena

$ --

$ --

Washington

$ 199,900

$ 127/sqft

St. Tammany

$ --

$ --

De Soto

$ 189,376

$ 102/sqft

St. Charles

$ --

$ --

Cameron

$ 225,000

$ 138/sqft

St. Bernard

$ --

$ --

Natchitoches

$ 282,500

$ 131/sqft

St. Martin

$ --

$ --

West Baton Rouge

$ 230,936

$ 131/sqft

St. Mary

$ --

$ --

Concordia

$ 158,049

$ 78/sqft

East Carroll

$ --

$ --

Evangeline

$ 193,867

$ 91/sqft

West Carroll

$ --

$ --

Bienville

$ 67,400

$ 48/sqft

St. James

$ --

$ --

Claiborne

$ 110,000

$ 71/sqft

St. John The Baptist

$ --

$ --

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Housing Market Summary for Louisiana

Mar 2023February 2024Change
Median Listing Price$239.9K$201.3K-16.09%
Median Sold Price$212.3K$201.3K-5.18%
Homes For Sale4,8145,2338.70%
Homes Sold19,19217,815-7.17%
Price
$/Sqft
Homes For Sale
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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%.

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Browse Homes in Louisiana

There are currently 5,237 properties for sale in Louisiana. The current home value ranges in price from 850 to 6,750,000. The total count of properties in the state is 1,623,676, and the percentage of properties for sale is 5237.00%.

Foreclosure
There are 64 counties within Louisiana; within these counties, the median estimated home value for homes in foreclosure ranges from $338,154 in Vernon to the lowest value of $18,540 in Vernon. Foreclosure homes account for 0.00% of properties in Louisiana with East Baton Rouge containing 208 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Louisiana with Tangipahoa containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 64 counties within Louisiana; of those counties, the estimated home value for pre-foreclosure homes ranges from $913,057 in Plaquemines to the lowest home value of $81,323 in Tangipahoa.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Louisiana ranges from the highest value of $776,337 in Tangipahoa to the lowest value of $18,540 in Vernon. Bank owned homes and properties account for 0.02% of properties in Louisiana. There are 64 counties within Louisiana; East Baton Rouge containing 127 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Orleans has 136 auction properties, the highest number of properties going to auction in a single county in the state of Louisiana. Auction homes and other auction properties account for 0.06% of all properties in Louisiana. There are 64 counties within Louisiana; of those counties, the median estimated home value for homes going to auction ranges from $1,603,837 in Plaquemines to the lowest value of $22,072 in Plaquemines.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Louisiana with Caddo containing 834 homes for sale, the highest number of listed properties in a single county. There are 64 counties within Louisiana; homes for sale in those counties, have a range of median values from $389,900 in Richland to the lowest value of $18,480 in Caddo.
    Sold Homes
    The median value for recently sold homes ranges from $149,960 in Evangeline to the lowest price of $6,710 in Evangeline. There are 64 counties within Louisiana. East Baton Rouge has 2151 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 1.04% of properties in Louisiana.

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      Guide for Louisiana

      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      See More Articles
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.