Is Tangipahoa County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Tangipahoa County has remained a Seller's Market.
Housing Prices in Tangipahoa County, LA
How much do homes in Tangipahoa County, LA cost?
Median Sold Price
$229,963
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tangipahoa County was $229,963 in March 2024, down 2.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $159.9K | +48.1% |
2 Bedrooms | $139K | $151K | +8.6% |
3 Bedrooms | $220K | $219K | -0.4% |
4 Bedrooms | $292.1K | $284.4K | -2.6% |
5+ Bedrooms | $347.6K | $353.2K | +1.6% |
Summary: Tangipahoa County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Counties
Washington County | $157.1K | $159.5K | +1.5% |
Saint Tammany County | $289.6K | $292.7K | +1.1% |
Tangipahoa County | $235K | $229.9K | -2.1% |
Housing Supply in Tangipahoa County, LA
How many homes are available in Tangipahoa County, LA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
439 | 468 | +6.6% |
Summary: The Tangipahoa County real estate market had 468 homes for sale in March 2024, a 6.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 23 | 27 | +17.4% |
3 Bedrooms | 243 | 246 | +1.2% |
4 Bedrooms | 135 | 155 | +14.8% |
5+ Bedrooms | 36 | 38 | +5.6% |
Summary: The Tangipahoa County 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 increased by 17.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 82 | +24.2% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Tangipahoa County in March 2024, up by 24.2% month-over-month. Of the 82 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% were sold over asking.
Days on Market for Tangipahoa County, LA
How long does it take to sell a home in Tangipahoa County, LA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 71 Days | +40.1% |
Summary: Homes in Tangipahoa County had an average of 71 days on market in Mar 2024, up by 40.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During March 2024, 82 homes were sold in Tangipahoa County; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.