Real Estate Insight and Expertise

Baton Rouge, LA 70820

Single-Family Homes

helenekurtz@kw.com | 225-772-8709 | http://www.helenekurtz.com



Baton Rouge, LA 70820

Wed Oct 04 2023
This week the median list price for Baton Rouge, LA 70820 is $399,900 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has decreased to 65. Click here to stay informed with the Baton Rouge market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Baton Rouge, LA 70820

Wed Oct 04 2023
This week the median list price for Baton Rouge, LA 70820 is $399,900 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has decreased to 65. Click here to stay informed with the Baton Rouge market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Baton Rouge market.
Median List Price $399,900
Median Price of New Listings $275,000
Per Square Foot $188
Average Days on Market 116
Median Days on Market 63
Price Decreased 35%
Price Increased 2%
Relisted 5%
Inventory 65
Median Rent
Market Action 29
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$844,500 3,337 6,500 - 8,000 sqft 4 3.5 1 0 0 168
$504,900 2,273 8,000 - 10,000 sqft 4 2.5 1 3 2 66
$327,995 1,929 4,500 - 6,500 sqft 4 2 0 0 1 77
$274,900 1,408 4,500 - 6,500 sqft 3 2 0 4 1 49