Is Fontainbleau / Marlyville, 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, Fontainbleau / Marlyville was a Seller's Market.
Key Takeaway
Fontainbleau / Marlyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fontainbleau / Marlyville, LA
How much do homes in Fontainbleau / Marlyville, LA cost?
Median Sold Price
$440,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fontainbleau / Marlyville have sold for 16.9% less than they did a year ago.
Summary: The median home sold price in Fontainbleau / Marlyville was $440,500 in April 2024, down 16.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113K | $250K | +121.2% |
| 2 Bedrooms | $370K | $318K | -14.1% |
| 3 Bedrooms | $515.5K | $487.5K | -5.4% |
| 4 Bedrooms | $561K | $458.5K | -18.3% |
| 5+ Bedrooms | $675K | $595K | -11.9% |
Summary: Fontainbleau / Marlyville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.2%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Neighborhoods
| West Carrollton / Leonidas | $346K | $362K | +4.6% |
| Gert Town | $297.5K | $295.5K | -0.7% |
| Uptown / Carrollton | $497.7K | $465.3K | -6.5% |
| Fontainbleau / Marlyville | $530K | $440.5K | -16.9% |
Housing Supply in Fontainbleau / Marlyville, LA
How many homes are available in Fontainbleau / Marlyville, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 67 | +17.5% |
Summary: The Fontainbleau / Marlyville real estate market had 67 homes for sale in April 2024, a 17.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Fontainbleau / Marlyville 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 9.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fontainbleau / Marlyville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Fontainbleau / Marlyville in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Fontainbleau / Marlyville, LA
How long does it take to sell a home in Fontainbleau / Marlyville, LA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 34 Days | -38.3% |
Summary: Homes in Fontainbleau / Marlyville had an average of 34 days on market in Apr 2024, down by 38.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fontainbleau / Marlyville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Fontainbleau / Marlyville; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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