Is Slidell, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slidell is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Slidell, LA

How much do homes in Slidell, LA cost?

Median Sold Price

$246,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$1,500(+0.6%)

Key Takeaway

Homes in Slidell have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Slidell was $246,500 in December 2024, up 0.6% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $83K$108.5K
+30.7%
2 $144.5K$141K
-2.4%
3 $215K$215K
0.0%
4 $294.8K$284.9K
-3.3%
5+ $420K$367K
-12.6%

Summary: Slidell housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 12.6%.

Housing Supply in Slidell, LA

How many homes are available in Slidell, LA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
619617-0.3%

Summary: The Slidell real estate market had 617 homes for sale in December 2024, a 0.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 57
+40.0%
2 4749
+4.3%
3 252241
-4.4%
4 266269
+1.1%
5+ 4951
+4.1%

Summary: The Slidell housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 4.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
8062-22.5%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slidell, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in Slidell in December 2024, down by 22.5% month-over-month. Of the 62 sold homes, 48% were sold under asking, 39% were sold at asking, and 13% were sold over asking.

Days on Market for Slidell, LA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
33 Days58 Days+74.9%

Summary: Homes in Slidell had an average of 58 days on market in Dec 2024, up by 74.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Slidell has remained consistent over time.

Summary: During December 2024, 62 homes were sold in Slidell; 34% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% 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 13 Days Ago

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