Louisiana Housing Market
Cool MarketHousing market data and trends for Louisiana. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$260K
↑ 4.4% YoY
Days on Market
81 days
↑ 3.8% YoY
Active Inventory
12,636
↓ 7.3% YoY
Homes Sold
3,535
↑ 9.4% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Louisiana Market Summary
The Louisiana housing market is cooling down. As of March 2026, the median home sale price is $260K, up 4.4% year-over-year. Homes are spending a median of 81 days on the market, 3.8% longer than a year ago.
There are 12,636 homes for sale — 7.3% fewer than last year. With 3.6 months of supply, this is a seller's market. 4,128 new listings were added during this period, up 0.6% year-over-year.
Homes are selling for 97.2% of their list price on average, suggesting room for negotiation. 12.2% of homes sell above their asking price. 27.5% 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 41% below the national median, which could indicate stronger cash flow potential.
Louisiana Market Trends
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Detailed Market Metrics
Median List Price
$277K
Price per Sq Ft
$148
Sale-to-List Ratio
97.2%
Months of Supply
3.6
Sold Above List
12.2%
Price Drops
27.5%
New Listings
4,128
↑ 0.6% YoY
Pending Sales
4,781
Metro Areas in Louisiana
New Orleans, LA metro area
$290K median
80 days
on market
Baton Rouge, LA metro area
$269K median
64 days
on market
Lafayette, LA metro area
$238K median
77 days
on market
Shreveport, LA metro area
$240K median
80 days
on market
Lake Charles, LA metro area
$235K median
99 days
on market
Houma, LA metro area
$196K median
94 days
on market
Monroe, LA metro area
$250K median
35 days
on market
Hammond, LA metro area
$250K median
85 days
on market
Alexandria, LA metro area
$185K median
71 days
on market
Opelousas, LA metro area
$165K median
101 days
on market
Ruston, LA metro area
$285K median
56 days
on market
DeRidder, LA metro area
$212K median
121 days
on market
Fort Polk South, LA metro area
$224K median
113 days
on market
Minden, LA metro area
$160K median
112 days
on market
Morgan City, LA metro area
$143K median
169 days
on market
Jennings, LA metro area
$204K median
130 days
on market
Bogalusa, LA metro area
$180K median
72 days
on market
Natchitoches, LA metro area
$234K median
190 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.