Is Port Sulphur, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Sulphur is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Port Sulphur has remained a Neutral Market.

Key Takeaway

Port Sulphur 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 Port Sulphur, LA

How much do homes in Port Sulphur, LA cost?

Median Sold Price

$268,000

$219/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$130,000(+94.2%)

Key Takeaway

Homes in Port Sulphur have sold for 94.2% more than they did a month ago.

Summary: The median home sold price in Port Sulphur was $268,000 in April 2024, up 94.2% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$268K
N/A
3 $138K-
N/A
4 --
N/A
5+ --
N/A

Summary: Port Sulphur housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Port Sulphur, LA

How many homes are available in Port Sulphur, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Port Sulphur real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Port Sulphur 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Sulphur, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Port Sulphur in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Port Sulphur, LA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
100 Days37 Days-63.0%

Summary: Homes in Port Sulphur had an average of 37 days on market in Apr 2024, down by 63% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Port Sulphur has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Port Sulphur; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Port Sulphur, LA

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