Is Loranger, 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, Loranger was a Seller's Market.
Housing Prices in Loranger, LA
How much do homes in Loranger, LA cost?
Median Sold Price
$242,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Loranger was $242,500 in April 2024, down 3.8% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $174K | N/A |
2 Bedrooms | $317.5K | - | N/A |
3 Bedrooms | $235K | $229.4K | -2.4% |
4 Bedrooms | $297.8K | $269K | -9.7% |
5+ Bedrooms | $325K | $530K | +63.1% |
Summary: Loranger 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 did not change, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 63.1%.
Median Sold Price Compared To Nearby Cities
Loranger | $252K | $242.5K | -3.8% |
Robert | $214K | $204K | -4.7% |
Amite | $225K | $173K | -23.1% |
Housing Supply in Loranger, LA
How many homes are available in Loranger, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Loranger real estate market had 19 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loranger 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Loranger in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Loranger, LA
How long does it take to sell a home in Loranger, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 7 Days | -86.3% |
Summary: Homes in Loranger had an average of 7 days on market in Apr 2024, down by 86.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Loranger; 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.