Is Jeanerette, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jeanerette was a Seller's Market.
Housing Prices in Jeanerette, LA
How much do homes in Jeanerette, LA cost?
Median Sold Price
$115,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jeanerette was $115,000 in April 2024, up 2.7% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $54K | $58.2K | +7.9% |
3 Bedrooms | $105.5K | $123.5K | +17.1% |
4 Bedrooms | $175K | $100K | -42.9% |
5+ Bedrooms | $217.5K | $173.5K | -20.2% |
Summary: Jeanerette housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 20.2%.
Housing Supply in Jeanerette, LA
How many homes are available in Jeanerette, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 21 | +40.0% |
Summary: The Jeanerette real estate market had 21 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Jeanerette housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Jeanerette in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Jeanerette, LA
How long does it take to sell a home in Jeanerette, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
148 Days | 66 Days | -55.0% |
Summary: Homes in Jeanerette had an average of 66 days on market in Apr 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Jeanerette; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.