LA · Metro #66

Baton Rouge - LA housing market

The Baton Rouge metro has a typical home value of $246,900, up 1.1% from a year ago. Homes sell in 34 days on average - a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$246,900
+1.1% vs. year ago
Median sale price
$254,584
+3.6% YoY
Median list price
$283,333
Sale-to-list ratio
97.8%
Selling below ask
Days on market
34d
Listings w/ price cut
25.2%
New listings / mo
846
+1.3% YoY
Homes for sale
3,481
+5.6% YoY
Typical rent
$1,369/mo
+2.0% YoY
Context

How to read this data

The typical home value ($246,900) 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 1.1% over the past year. In Baton Rouge - LA, that means a home worth $244,214 last year is now worth roughly $246,900.

The median sale price , what homes actually close for , is $254,584. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Baton Rouge - LA sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 846 new listings hit the market each month in Baton Rouge - LA. There are currently 3,481 homes for sale, up 5.6% from a year ago.

The typical monthly rent in Baton Rouge - LA is $1,369, up 2.0% 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$261,919 +2.6% 42.0d
Lafayette - LA$200,663 +1.6% 31.0d
Shreveport - LA$184,116 -0.2% 39.0d
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