Is Behrman, 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, Behrman was a Neutral Market.
Key Takeaway
Behrman is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Behrman, LA
How much do homes in Behrman, LA cost?
Median Sold Price
$141,250
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Behrman have sold for 14.9% less than they did a year ago.
Summary: The median home sold price in Behrman was $141,250 in April 2024, down 14.9% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138.7K | $53.5K | -61.4% |
| 2 Bedrooms | $112.5K | $92K | -18.2% |
| 3 Bedrooms | $134K | $132.9K | -0.8% |
| 4 Bedrooms | $232.9K | $167K | -28.3% |
| 5+ Bedrooms | $243K | $420K | +72.8% |
Summary: Behrman housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.4%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 28.3%, and 5+ bedroom homes increased by 72.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Whitney | $375K | $399K | +6.4% |
| Old Aurora | $248K | $227.5K | -8.3% |
| Naval Base | $161.2K | $145K | -10.1% |
| Algiers | $260K | $225K | -13.5% |
| Behrman | $166K | $141.2K | -14.9% |
Housing Supply in Behrman, LA
How many homes are available in Behrman, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 57 | +18.8% |
Summary: The Behrman real estate market had 57 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 20 | 26 | +30.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Behrman housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Behrman, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Behrman in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Behrman, LA
How long does it take to sell a home in Behrman, LA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 87 Days | +146.2% |
Summary: Homes in Behrman had an average of 87 days on market in Apr 2024, up by 146.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Behrman are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 7 homes were sold in Behrman; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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