Is Acadia County, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acadia County is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Acadia County was a Seller's Market.

Key Takeaway

Acadia County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Acadia County, LA

How much do homes in Acadia County, LA cost?

Median Sold Price

$183,250

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,750(+8.1%)

Key Takeaway

Homes in Acadia County have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Acadia County was $183,250 in April 2024, up 8.1% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $66.5K$19.8K
-70.2%
2 $95.3K$90.2K
-5.3%
3 $174.9K$185K
+5.8%
4 $227.5K$229K
+0.7%
5+ $300K$278K
-7.3%

Summary: Acadia County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Counties

Acadia County
+8.1%
Saint Landry County
-0.1%
Lafayette County
-2.6%
Vermilion County
-10.2%

Housing Supply in Acadia County, LA

How many homes are available in Acadia County, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
152149-2.0%

Summary: The Acadia County real estate market had 149 homes for sale in April 2024, a 2.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2526
+4.0%
3 8384
+1.2%
4 3330
-9.1%
5+ 119
-18.2%

Summary: The Acadia County 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 4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3019-36.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acadia County, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Acadia County in April 2024, down by 36.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 42% were sold at asking, and 21% 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

Apr 2023Apr 2024CHANGE
69 Days76 Days+9.1%

Summary: Homes in Acadia County had an average of 76 days on market in Apr 2024, up by 9.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Acadia County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Acadia County; 53% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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