Real Estate Insight and Expertise

Baton Rouge, LA 70808

Single-Family Homes

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Baton Rouge, LA 70808

Thu Jun 08 2023
This week the median list price for Baton Rouge, LA 70808 is $579,900 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has increased to 91. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Baton Rouge, LA 70808

Thu Jun 08 2023
This week the median list price for Baton Rouge, LA 70808 is $579,900 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has increased to 91. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Baton Rouge market.
Median List Price $579,900
Median Price of New Listings $447,450
Per Square Foot $230
Average Days on Market 121
Median Days on Market 56
Price Decreased 46%
Price Increased 8%
Relisted 2%
Inventory 91
Median Rent
Market Action 35
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
$909,500 3,315 0.25 - 0.5 acre 4 3.5 1 2 0 59
$636,325 2,545 4,500 - 6,500 sqft 4 2.5 1 1 1 91
$565,000 2,479 0.25 - 0.5 acre 3 2.5 1 3 1 63
$329,000 1,679 0.25 - 0.5 acre 3 2 39 6 4 28