Is Luling, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Luling was a Seller's Market.
Key Takeaway
Luling is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Luling, LA
How much do homes in Luling, LA cost?
Median Sold Price
$285,250
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Luling have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Luling was $285,250 in March 2024, up 7.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $155K | -8.8% |
| 3 Bedrooms | $247K | $245K | -0.8% |
| 4 Bedrooms | $379K | $381K | 0.5% |
| 5+ Bedrooms | $342.5K | $411.5K | +20.1% |
Summary: Luling housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 20.1%.
Median Sold Price Compared To Nearby Cities
| Luling | $265K | $285.2K | +7.6% |
| Saint Rose | $240K | $235K | -2.1% |
| Des Allemands | $317K | $248.5K | -21.6% |
Housing Supply in Luling, LA
How many homes are available in Luling, LA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 55 | +14.6% |
Summary: The Luling real estate market had 55 homes for sale in March 2024, a 14.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Luling housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Luling, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Luling in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Luling, LA
How long does it take to sell a home in Luling, LA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 59 Days | +58.4% |
Summary: Homes in Luling had an average of 59 days on market in Mar 2024, up by 58.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Luling are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Luling; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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