Parishes where homes are selling the fastest in Louisiana
Parishes where homes are selling the fastest in Louisiana
The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But high home prices and mortgage interest rates are keeping many potential buyers on the sidelines.
The median number of days a home spent on the market in February was 48, five days less than the year before. In Louisiana, the typical home was on the market 81 days.
When homes sell faster, it can be a sign that any given market is less buyer-friendly, and decisions must be made quickly.
Stacker compiled a list of parishes where homes sold the fastest in Louisiana using data from Redfin. To be included, parishes had at least 100 home sales and are selling quicker than the state median. They are ranked by the median number of days a home was listed before it sold. In the case of ties, parishes with the most home sales overall were ranked higher.
#5. Caddo Parish
- Median days on market: 71
- Median sale price: $177,950
- Total homes sold: 158
#4. East Baton Rouge Parish
- Median days on market: 70
- Median sale price: $265,820
- Total homes sold: 360
#3. Livingston Parish
- Median days on market: 69
- Median sale price: $240,000
- Total homes sold: 128
#2. Bossier Parish
- Median days on market: 64
- Median sale price: $246,600
- Total homes sold: 111
#1. Lafayette Parish
- Median days on market: 61
- Median sale price: $248,000
- Total homes sold: 195
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 22 states.