Is Scott, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Scott has remained a Seller's Market.
Housing Prices in Scott, LA
How much do homes in Scott, LA cost?
Median Sold Price
$225,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scott was $225,000 in April 2024, down 3% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $135K | -10.0% |
3 Bedrooms | $225K | $229K | +1.8% |
4 Bedrooms | $255K | $247.5K | -2.9% |
5+ Bedrooms | $301.5K | $615.1K | +104.0% |
Summary: Scott 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 10%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 104%.
Median Sold Price Compared To Nearby Cities
Scott | $231.9K | $225K | -3.0% |
Lafayette | $244K | $235K | -3.7% |
Housing Supply in Scott, LA
How many homes are available in Scott, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 45 | +9.8% |
Summary: The Scott real estate market had 45 homes for sale in April 2024, a 9.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Scott 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 decreased by 33.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Scott in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Scott, LA
How long does it take to sell a home in Scott, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 110 Days | +35.9% |
Summary: Homes in Scott had an average of 110 days on market in Apr 2024, up by 35.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Scott; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.