Lake Charles, LA metro area Housing Market

Cold Market

Comprehensive housing market data for the Lake Charles, LA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$235K

6.6% YoY

Days on Market

99 days

17.9% YoY

Active Inventory

842

5.1% YoY

Homes Sold

170

8.3% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Lake Charles, LA metro area Market Summary

The Lake Charles, LA metro area housing market is cooling down. As of March 2026, the median home sale price is $235K, up 6.6% year-over-year. Homes are spending a median of 99 days on the market, 17.9% longer than a year ago.

There are 842 homes for sale — 5.1% fewer than last year. With 5.0 months of supply, this is a balanced market. 258 new listings were added during this period, up 13.7% year-over-year.

Homes are selling for 97.2% of their list price on average, suggesting room for negotiation. 4.1% of homes sell above their asking price. 27.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 5.0
Days on Market 99
Price Drops 27.7%
Sale-to-List Ratio 97.2%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 46.2%
Days on Market (National: 55) 80.0%
Inventory (National: 1,314,690) 99.9%

vs. Louisiana Median

Median Price (Louisiana: $260K) 9.5%
Days on Market (Louisiana: 81) 22.2%

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 46% below the national median, which could indicate stronger cash flow potential.

Lake Charles, LA metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$240K

Price per Sq Ft

$131

Sale-to-List Ratio

97.2%

Months of Supply

5.0

Sold Above List

4.1%

Price Drops

27.7%

New Listings

258

13.7% YoY

Pending Sales

291

Off Market in 2 Weeks

23.4%

Analyze a deal in Lake Charles, LA metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.