Is Tangipahoa County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tangipahoa County was a Seller's Market.
Key Takeaway
Tangipahoa County 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 Tangipahoa County, LA
How much do homes in Tangipahoa County, LA cost?
Median Sold Price
$229,926
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tangipahoa County have sold for 2% less than they did a year ago.
Summary: The median home sold price in Tangipahoa County was $229,926 in April 2024, down 2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | $159.9K | +48.1% |
| 2 Bedrooms | $139K | $152K | +9.4% |
| 3 Bedrooms | $219.9K | $218.8K | -0.5% |
| 4 Bedrooms | $285.9K | $286.1K | 0.1% |
| 5+ Bedrooms | $346.2K | $367.8K | +6.2% |
Summary: Tangipahoa County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Counties
| Washington County | $155K | $160K | +3.2% |
| Saint Tammany County | $289.4K | $293.9K | +1.6% |
| Tangipahoa County | $234.7K | $229.9K | -2.0% |
Housing Supply in Tangipahoa County, LA
How many homes are available in Tangipahoa County, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 470 | 496 | +5.5% |
Summary: The Tangipahoa County real estate market had 496 homes for sale in April 2024, a 5.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 27 | 37 | +37.0% |
| 3 Bedrooms | 252 | 273 | +8.3% |
| 4 Bedrooms | 151 | 146 | -3.3% |
| 5+ Bedrooms | 37 | 37 | 0.0% |
Summary: The Tangipahoa County 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 37%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 88 | 77 | -12.5% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tangipahoa County, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Tangipahoa County in April 2024, down by 12.5% month-over-month. Of the 77 sold homes, 56% were sold under asking, 26% were sold at asking, and 18% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 59 Days | +24.8% |
Summary: Homes in Tangipahoa County had an average of 59 days on market in Apr 2024, up by 24.8% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tangipahoa County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 77 homes were sold in Tangipahoa County; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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