Real Estate Insight and Expertise

Baton Rouge, LA 70810

Single-Family Homes

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Baton Rouge, LA 70810

Thu Sep 21 2023
This week the median list price for Baton Rouge, LA 70810 is $441,984 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 164. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Baton Rouge, LA 70810

Thu Sep 21 2023
This week the median list price for Baton Rouge, LA 70810 is $441,984 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 164. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Baton Rouge market.
Median List Price $441,984
Median Price of New Listings $330,000
Per Square Foot $198
Average Days on Market 110
Median Days on Market 67
Price Decreased 49%
Price Increased 2%
Relisted 5%
Inventory 164
Median Rent
Market Action 34
Slight Seller'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
$1,165,000 4,251 0.25 - 0.5 acre 4 3.5 4 0 3 112
$599,900 2,818 6,500 - 8,000 sqft 4 3 15 2 2 70
$379,900 1,910 4,500 - 6,500 sqft 3 2 5 6 4 42
$279,900 1,576 8,000 - 10,000 sqft 3 2 17 7 8 70