Is Keithville, 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, Keithville has remained a Seller's Market.
Key Takeaway
Keithville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Keithville, LA
How much do homes in Keithville, LA cost?
Median Sold Price
$242,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Keithville have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Keithville was $242,500 in May 2024, down 7.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $138K | N/A |
| 3 Bedrooms | $246.2K | $231.8K | -5.8% |
| 4 Bedrooms | $304.9K | $339K | +11.2% |
| 5+ Bedrooms | $440K | $725K | +64.8% |
Summary: Keithville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 64.8%.
Median Sold Price Compared To Nearby Cities
| Shreveport | $184.6K | $186K | +0.8% |
| Keithville | $261.7K | $242.5K | -7.4% |
| Stonewall | $380K | $349.9K | -7.9% |
Housing Supply in Keithville, LA
How many homes are available in Keithville, LA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Summary: The Keithville real estate market had 24 homes for sale in May 2024, a 14.3% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Keithville 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 50%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Keithville, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Keithville in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Keithville, LA
How long does it take to sell a home in Keithville, LA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 29 Days | -27.6% |
Summary: Homes in Keithville had an average of 29 days on market in May 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Keithville has remained consistent over time.
Summary: During May 2024, 5 homes were sold in Keithville; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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