Real Estate Insight and Expertise

Baton Rouge, LA 70808

Single-Family Homes

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Baton Rouge, LA 70808

Tue May 28 2024
This week the median list price for Baton Rouge, LA 70808 is $599,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 101. 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 70808

Tue May 28 2024
This week the median list price for Baton Rouge, LA 70808 is $599,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 101. 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 $599,000
Median Price of New Listings $465,000
Per Square Foot $234
Average Days on Market 140
Median Days on Market 70
Price Decreased 40%
Price Increased 4%
Relisted 8%
Inventory 101
Median Rent
Market Action 35
Slight Seller'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
$1,099,000 4,268 0.25 - 0.5 acre 4 4 18 1 1 189
$699,000 2,829 0.25 - 0.5 acre 4 2.5 24 1 3 70
$515,000 2,359 0.25 - 0.5 acre 3 2.5 60 2 3 42
$310,000 1,680 0.25 - 0.5 acre 3 2 64 3 4 49