Is Acadia County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Acadia County has remained a Seller's Market.
Housing Prices in Acadia County, LA
How much do homes in Acadia County, LA cost?
Median Sold Price
$180,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Acadia County was $180,000 in May 2024, up 4.7% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68.1K | $18.5K | -72.8% |
2 Bedrooms | $95.7K | $85.1K | -11.0% |
3 Bedrooms | $180K | $183K | +1.7% |
4 Bedrooms | $226.2K | $246.9K | +9.1% |
5+ Bedrooms | $300K | $278K | -7.3% |
Summary: Acadia County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.8%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 7.3%.
Median Sold Price Compared To Nearby Counties
Acadia County | $172K | $180K | +4.7% |
Saint Landry County | $167K | $168K | +0.6% |
Lafayette County | $249.9K | $240.9K | -3.6% |
Vermilion County | $209.5K | $165K | -21.2% |
Housing Supply in Acadia County, LA
How many homes are available in Acadia County, LA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
158 | 156 | -1.3% |
Summary: The Acadia County real estate market had 156 homes for sale in May 2024, a 1.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 27 | 25 | -7.4% |
3 Bedrooms | 89 | 92 | +3.4% |
4 Bedrooms | 34 | 32 | -5.9% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Acadia County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 31 | +63.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Acadia County in May 2024, up by 63.2% month-over-month. Of the 31 sold homes, 48% were sold under asking, 45% were sold at asking, and 6% were sold over asking.
Days on Market for Acadia County, LA
How long does it take to sell a home in Acadia County, LA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 87 Days | +41.4% |
Summary: Homes in Acadia County had an average of 87 days on market in May 2024, up by 41.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 31 homes were sold in Acadia County; 45% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.