Real Estate Insight and Expertise

Baton Rouge, LA 70808

Single-Family Homes

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Baton Rouge, LA 70808

Wed Oct 04 2023
This week the median list price for Baton Rouge, LA 70808 is $583,600 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 108. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Baton Rouge, LA 70808

Wed Oct 04 2023
This week the median list price for Baton Rouge, LA 70808 is $583,600 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 108. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Baton Rouge market.
Median List Price $583,600
Median Price of New Listings $374,700
Per Square Foot $223
Average Days on Market 111
Median Days on Market 77
Price Decreased 47%
Price Increased 3%
Relisted 4%
Inventory 108
Median Rent
Market Action 29
Slight Buyer's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,144,000 4,124 0.25 - 0.5 acre 4 4 12 1 1 126
$669,000 2,558 8,000 - 10,000 sqft 4 3 1 1 1 84
$489,900 2,337 0.25 - 0.5 acre 4 3 45 2 1 56
$285,000 1,658 0.25 - 0.5 acre 3 2 43 3 0 42