Louisiana (LA) housing market
Cool MarketStatewide monthly sale-market indicators for rental investors — not a substitute for local rent comps, taxes, or insurance, but a fast read on price level, pace, and negotiation pressure.
Data period: May 2026
Market snapshot
- Median sale price
- $269K
- Median days on market
- 55 days
- Months of supply
- 3.2
- Active inventory
- 12,451
- Homes sold
- 3,900
- Sale-to-list ratio
- 97.2%
- Listings with price drop
- 28.1%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Balanced
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Negotiation
Watch-outs
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cool Market
Buyer activity is slowing, creating more negotiating room.
Louisiana market summary
The Louisiana housing market is cooling down. As of May 2026, the median home sale price is $269K, up 3.1% year-over-year. Homes are spending a median of 55 days on the market, 3.5% shorter than a year ago.
There are 12,451 homes for sale — 14.0% fewer than last year. With 3.2 months of supply, this is a seller's market. 3,540 new listings were added during this period, down 13.8% year-over-year.
Homes are selling for 97.2% of their list price on average, suggesting room for negotiation. 12.4% of homes sell above their asking price. 28.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 40% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Louisiana market trends
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Detailed market metrics
Median list price
$276K
Price per sq ft
$151
Sale-to-list ratio
97.2%
Months of supply
3.2
Sold above list
12.4%
Price drops
28.1%
New listings
3,540
↓ 13.8% YoY
Pending sales
4,300
Louisiana housing market FAQs
What is the median home price in Louisiana?
For the latest published month, the median sale price in Louisiana is $269K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Louisiana a buyer's or seller's market?
With about 3.2 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.
How long do homes stay on the market in Louisiana?
For the latest published month, the median days on market in Louisiana is 55 days — half of homes went pending faster and half slower.
Is Louisiana good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Louisiana can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Louisiana?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Louisiana deals.
Metro markets in Louisiana
Open a metro for the same investor snapshot and trends, then run a shortlist through the DSCR calculator and cap rate calculator.
New Orleans, LA
$302K median · 53 days on market
Baton Rouge, LA
$283K median · 51 days on market
Lafayette, LA
$239K median · 49 days on market
Shreveport, LA
$246K median · 56 days on market
Lake Charles, LA
$240K median · 56 days on market
Houma, LA
$225K median · 70 days on market
Monroe, LA
$257K median · 28 days on market
Hammond, LA
$237K median · 63 days on market
Alexandria, LA
$227K median · 25 days on market
Opelousas, LA
$208K median · 99 days on market
Ruston, LA
$256K median · 28 days on market
DeRidder, LA
$285K median · 78 days on market
Bogalusa, LA
$148K median · 26 days on market
Minden, LA
$151K median · 85 days on market
Jennings, LA
$209K median · 61 days on market
Natchitoches, LA
$244K median · 17 days on market
Fort Polk South, LA
$240K median · 70 days on market
Morgan City, LA
$116K median · 169 days on market
More Louisiana housing market data
Compare how Louisiana fits nationally on the U.S. housing market overview, or browse the top 100 U.S. metro housing markets by sales activity.
New to underwriting? Read how much cash it takes to buy a rental in 2026 — then stress-test assumptions in the calculators above.
Underwrite a Louisiana rental with real numbers
Cash flow, Cap Rate, DSCR, and cash-on-cash return — built for speed without skipping rigor.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.