Louisiana Housing Market
Cold MarketHousing market data and trends for Louisiana. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$255K
↑ 0.9% YoY
Days on Market
81 days
↑ 5.2% YoY
Active Inventory
12,344
↓ 4.2% YoY
Homes Sold
2,496
↑ 3.9% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Louisiana Market Summary
The Louisiana housing market is cooling down. As of January 2026, the median home sale price is $255K, up 0.9% year-over-year. Homes are spending a median of 81 days on the market, 5.2% longer than a year ago.
There are 12,344 homes for sale — 4.2% fewer than last year. With 4.9 months of supply, this is a balanced market. 3,008 new listings were added during this period, down 1.7% year-over-year.
Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 11.0% of homes sell above their asking price. 25.4% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
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, which could indicate stronger cash flow potential.
Louisiana Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$264K
Price per Sq Ft
$145
Sale-to-List Ratio
96.8%
Months of Supply
4.9
Sold Above List
11.0%
Price Drops
25.4%
New Listings
3,008
↓ 1.7% YoY
Pending Sales
3,461
Metro Areas in Louisiana
New Orleans, LA metro area
$285K median
76 days
on market
Baton Rouge, LA metro area
$265K median
75 days
on market
Lafayette, LA metro area
$240K median
91 days
on market
Shreveport, LA metro area
$221K median
71 days
on market
Lake Charles, LA metro area
$235K median
99 days
on market
Houma, LA metro area
$209K median
83 days
on market
Alexandria, LA metro area
$205K median
56 days
on market
Monroe, LA metro area
$238K median
58 days
on market
Hammond, LA metro area
$258K median
68 days
on market
Opelousas, LA metro area
$163K median
92 days
on market
Ruston, LA metro area
$285K median
91 days
on market
Fort Polk South, LA metro area
$187K median
183 days
on market
Bogalusa, LA metro area
$222K median
63 days
on market
Minden, LA metro area
$161K median
111 days
on market
DeRidder, LA metro area
$252K median
171 days
on market
Natchitoches, LA metro area
$265K median
61 days
on market
Morgan City, LA metro area
$123K median
114 days
on market
Jennings, LA metro area
$156K median
121 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.