Real Estate Insight and Expertise

Baton Rouge, LA 70809

Single-Family Homes

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



Baton Rouge, LA 70809

Tue May 28 2024
This week the median list price for Baton Rouge, LA 70809 is $475,777 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 74. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Baton Rouge, LA 70809

Tue May 28 2024
This week the median list price for Baton Rouge, LA 70809 is $475,777 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 74. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Baton Rouge market.
Median List Price $475,777
Median Price of New Listings $417,450
Per Square Foot $198
Average Days on Market 133
Median Days on Market 63
Price Decreased 46%
Price Increased 0%
Relisted 7%
Inventory 74
Median Rent
Market Action 31
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,472,500 4,763 0.25 - 0.5 acre 5 5 17 0 2 84
$714,500 3,452 0.25 - 0.5 acre 4 3 19 1 2 52
$445,900 2,389 0.25 - 0.5 acre 4 3 32 4 1 84
$275,000 1,811 0.25 - 0.5 acre 3 2 44 3 5 56