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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eunice is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Eunice has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Eunice, LA

How much do homes in Eunice, LA cost?

Median Sold Price

$129,750

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$8,750(-6.3%)

Key Takeaway

Homes in Eunice have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Eunice was $129,750 in April 2024, down 6.3% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $80.2K$105K
+30.9%
3 $145K$135K
-6.9%
4 $280K$175K
-37.5%
5+ $217.5K$69.5K
-68.0%

Summary: Eunice 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 30.9%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 68%.

Median Sold Price Compared To Nearby Cities

Eunice
-6.3%
Eunice
-7.9%

Housing Supply in Eunice, LA

How many homes are available in Eunice, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6357-9.5%

Summary: The Eunice real estate market had 57 homes for sale in April 2024, a 9.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 4337
-14.0%
4 910
+11.1%
5+ 33
0.0%

Summary: The Eunice 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 decreased by 14.3%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

6 Homes Were 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 Eunice, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Eunice in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Eunice, LA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
105 Days51 Days-50.6%

Summary: Homes in Eunice had an average of 51 days on market in Apr 2024, down by 50.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Eunice; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 28 Days Ago

Newest Listings in Eunice, LA

Nearby Markets to Eunice, LA