Real Estate Insight and Expertise

Baton Rouge, LA 70817

Single-Family Homes

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Baton Rouge, LA 70817

Sat Jul 20 2024
This week the median list price for Baton Rouge, LA 70817 is $353,995 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 134. 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 Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Baton Rouge, LA 70817

Sat Jul 20 2024
This week the median list price for Baton Rouge, LA 70817 is $353,995 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 134. 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 Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Baton Rouge market.
Median List Price $353,995
Median Price of New Listings $320,000
Per Square Foot $172
Average Days on Market 137
Median Days on Market 77
Price Decreased 43%
Price Increased 2%
Relisted 4%
Inventory 134
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$625,000 2,858 0.25 - 0.5 acre 4 3 10 3 3 91
$399,500 2,371 0.25 - 0.5 acre 4 2.5 14 3 5 77
$334,950 2,016 4,500 - 6,500 sqft 4 2.3 3 2 6 77
$256,750 1,577 8,000 - 10,000 sqft 3 2 39 5 4 42