Is Arnaudville, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arnaudville is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Arnaudville was a Neutral Market.

Key Takeaway

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

Housing Prices in Arnaudville, LA

How much do homes in Arnaudville, LA cost?

Median Sold Price

$220,000

$131/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in Arnaudville has remained the same since last year.

Summary: The median home sold price in Arnaudville was $220,000 in May 2024, the same as last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$269.9K
N/A
2 $205K$164.5K
-19.8%
3 $200K$220K
+10.0%
4 $292.5K$263.5K
-9.9%
5+ $995K$1.6M
+60.8%

Summary: Arnaudville 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 decreased by 19.8%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 60.8%.

Housing Supply in Arnaudville, LA

How many homes are available in Arnaudville, LA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2431+29.2%

Summary: The Arnaudville real estate market had 31 homes for sale in May 2024, a 29.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 810
+25.0%
3 1217
+41.7%
4 21
-50.0%
5+ 11
0.0%

Summary: The Arnaudville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arnaudville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Arnaudville in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Arnaudville, LA

How long does it take to sell a home in Arnaudville, LA?

Average Sale Time

May 2023May 2024CHANGE
180 Days25 Days-85.9%

Summary: Homes in Arnaudville had an average of 25 days on market in May 2024, down by 85.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Arnaudville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

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