Louisiana Home Values & Market Trends
There have been 41,815 properties sold in the Louisiana real estate market trends. Median home values in the Louisiana housing market are $183,881.86. The median residential home value for transactions over the last 12 months is 183,392.899. The State of Louisiana currently has 2,326 properties in foreclosure, 364 bank owned properties, and 920 headed for auction.
Louisiana Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Caddo | $ 175,000 $ 99/sqft | Plaquemines | $ 450,000 $ 165/sqft |
| Calcasieu | $ 199,000 $ 116/sqft | Bienville | $ 63,532 $ 43/sqft |
| Orleans | $ 339,450 $ 200/sqft | East Feliciana | $ 140,314 $ 132/sqft |
| Bossier | $ 274,999 $ 143/sqft | Pointe Coupee | $ 173,315 $ 118/sqft |
| Jefferson | $ 305,452 $ 164/sqft | West Baton Rouge | $ 285,000 $ 156/sqft |
| East Baton Rouge | $ 230,268 $ 130/sqft | Tensas | $ 529,480 $ 186/sqft |
| Lafayette | $ 254,750 $ 139/sqft | Allen | $ 135,000 $ 75/sqft |
| Terrebonne | $ 252,352 $ 136/sqft | Assumption | $ 101,012 $ 109/sqft |
| Rapides | $ 193,750 $ 111/sqft | Franklin | $ 153,884 $ 111/sqft |
| Tangipahoa | $ 257,000 $ 131/sqft | Union | $ 135,350 $ 95/sqft |
| Lafourche | $ 215,000 $ 124/sqft | Lincoln | $ 212,750 $ 128/sqft |
| Livingston | $ 257,672 $ 147/sqft | Morehouse | $ 222,500 $ 87/sqft |
| Ouachita | $ 194,595 $ 100/sqft | Winn | $ 117,288 $ 39/sqft |
| Ascension | $ 321,110 $ 155/sqft | Catahoula | $ 91,886 $ 47/sqft |
| Webster | $ 164,503 $ 78/sqft | Madison | $ 121,423 $ 27/sqft |
| Sabine | $ 291,436 $ 165/sqft | Richland | $ 304,077 $ 105/sqft |
| Beauregard | $ 233,077 $ 110/sqft | West Feliciana | $ 605,450 $ 211/sqft |
| Vermilion | $ 172,500 $ 106/sqft | Caldwell | $ 188,669 $ 122/sqft |
| De Soto | $ 210,000 $ 115/sqft | Red River | $ 107,000 $ 74/sqft |
| Vernon | $ 102,454 $ 56/sqft | Jackson | $ -- $ -- |
| Avoyelles | $ 129,000 $ 77/sqft | St. Landry | $ -- $ -- |
| Washington | $ 233,004 $ 114/sqft | St. Helena | $ -- $ -- |
| Jefferson Davis | $ 154,511 $ 97/sqft | St. Charles | $ -- $ -- |
| Acadia | $ 130,172 $ 78/sqft | St. Bernard | $ -- $ -- |
| Natchitoches | $ 355,968 $ 137/sqft | St. Mary | $ -- $ -- |
| Iberia | $ 217,042 $ 92/sqft | East Carroll | $ -- $ -- |
| Cameron | $ 284,900 $ 143/sqft | West Carroll | $ -- $ -- |
| Concordia | $ 175,794 $ 70/sqft | St. James | $ -- $ -- |
| Evangeline | $ 183,954 $ 92/sqft | Lasalle | $ -- $ -- |
| Claiborne | $ 122,500 $ 66/sqft | St. Tammany | $ -- $ -- |
| Iberville | $ 159,642 $ 139/sqft | St. Martin | $ -- $ -- |
| Grant | $ 249,750 $ 93/sqft | St. John The Baptist | $ -- $ -- |
Housing Market Summary for Louisiana
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $247K | $201.2K | -18.53% |
| Median Sold Price | $209.5K | $201.2K | -3.98% |
| Homes For Sale | 5,114 | 5,362 | 4.85% |
| Homes Sold | 18,779 | 16,357 | -12.90% |
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 Louisiana
Browse Homes in Louisiana
There are currently 5,625 properties for sale in Louisiana. The current home value ranges in price from 365 to 7,000,000. The total count of properties in the state is 1,620,830, and the percentage of properties for sale is 5625.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Louisiana with Tangipahoa containing 407 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 $1,072,847 in Jefferson to the lowest home value of $12,310 in Ouachita.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Louisiana ranges from the highest value of $799,900 in Washington to the lowest value of $18,330 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 116 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsOrleans has 148 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 $2,351,861 in Sabine to the lowest value of $22,218 in Sabine.
Compare Nearby Cities
More Real Estate Resources for Louisiana
Guide for Louisiana
The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.
This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
