LA · Metro #66

Baton Rouge - LA housing market

The Baton Rouge metro has a typical home value of $248,176, up 1.5% from a year ago. Homes sell in 30 days on average - a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$248,176
+1.5% vs. year ago
Median sale price
$257,025
+6.1% YoY
Median list price
$284,167
Sale-to-list ratio
97.7%
Selling below ask
Days on market
30d
Listings w/ price cut
25.7%
New listings / mo
910
-1.1% YoY
Homes for sale
3,573
+4.4% YoY
Typical rent
$1,393/mo
+2.5% YoY
Context

How to read this data

The typical home value ($248,176) is the Zillow Home Value Index for the Baton Rouge - LA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.5% over the past year. In Baton Rouge - LA, that means a home worth $244,508 last year is now worth roughly $248,176.

The median sale price , what homes actually close for , is $257,025. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Baton Rouge - LA sit on the market for roughly 30 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 910 new listings hit the market each month in Baton Rouge - LA. There are currently 3,573 homes for sale, up 4.4% from a year ago.

The typical monthly rent in Baton Rouge - LA is $1,393, up 2.5% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in LA

MetroHome value1-yr changeDays on market
New Orleans - LA$261,414 +2.8% 34.0d
Lafayette - LA$202,312 +2.1% 26.0d
Shreveport - LA$186,193 +0.8% 29.0d
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