Opelousas, LA metro area Housing Market
Cold MarketComprehensive housing market data for the Opelousas, LA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$163K
↓ 14.2% YoY
Days on Market
92 days
↓ 13.2% YoY
Active Inventory
196
↑ 2.1% YoY
Homes Sold
38
↑ 22.6% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Opelousas, LA metro area Market Summary
The Opelousas, LA metro area housing market is cooling down. As of January 2026, the median home sale price is $163K, down 14.2% year-over-year. Homes are spending a median of 92 days on the market, 13.2% shorter than a year ago.
There are 196 homes for sale — 2.1% more than last year. With 5.2 months of supply, this is a balanced market. 40 new listings were added during this period, down 20.0% year-over-year.
Homes are selling for 96.1% of their list price on average, suggesting room for negotiation. 10.5% of homes sell above their asking price. 33.7% 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
vs. Louisiana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 62% below the national median, which could indicate stronger cash flow potential.
Opelousas, LA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$178K
Price per Sq Ft
$98
Sale-to-List Ratio
96.1%
Months of Supply
5.2
Sold Above List
10.5%
Price Drops
33.7%
New Listings
40
↓ 20.0% YoY
Pending Sales
55
Off Market in 2 Weeks
12.7%
Other Markets in Louisiana
New Orleans, LA metro area
$285K · 76d on market
Baton Rouge, LA metro area
$265K · 75d on market
Lafayette, LA metro area
$240K · 91d on market
Shreveport, LA metro area
$221K · 71d on market
Lake Charles, LA metro area
$235K · 99d on market
Houma, LA metro area
$209K · 83d on market
Alexandria, LA metro area
$205K · 56d on market
Monroe, LA metro area
$238K · 58d on market
Analyze a deal in Opelousas, LA metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
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.