Is Saint Roch, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Roch is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Saint Roch was a Seller's Market.

Key Takeaway

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

Housing Prices in Saint Roch, LA

How much do homes in Saint Roch, LA cost?

Median Sold Price

$217,999

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$71,500(-24.7%)

Key Takeaway

Homes in Saint Roch have sold for 24.7% less than they did a year ago.

Summary: The median home sold price in Saint Roch was $217,999 in April 2024, down 24.7% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$147K
N/A
2 $197K$156.5K
-20.6%
3 $270K$215.9K
-20.0%
4 $350K$220K
-37.1%
5+ $335K$342.4K
+2.2%

Summary: Saint Roch 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 decreased by 20.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 37.1%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Neighborhoods

Dillard
+10.4%
Seventh Ward
-4.9%
Fairgrounds
-5.0%
Gentilly Terrace
-8.6%
Saint Roch
-24.7%

Housing Supply in Saint Roch, LA

How many homes are available in Saint Roch, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3749+32.4%

Summary: The Saint Roch real estate market had 49 homes for sale in April 2024, a 32.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 1823
+27.8%
4 810
+25.0%
5+ 36
+100.0%

Summary: The Saint Roch 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 28.6%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Roch, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Saint Roch in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Saint Roch, LA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days80 Days+248.9%

Summary: Homes in Saint Roch had an average of 80 days on market in Apr 2024, up by 248.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Saint Roch has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Saint Roch; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

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