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Sarah Mitchell

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Compass Real Estate · Broussard, LA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Broussard, LA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Broussard, LA Housing Market

Balanced market+2.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Broussard, LA is worth $281,573, rose 2.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $285,157, +0.4% year over year (through May 2026). With 3.5 months of supply and homes going under contract in about 80 days, Broussard is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $281,573 home is about $1,503/mo in principal and interest.

Key numbers for Broussard, LA

Typical home value

$281,573

+2.9% in 12 months

Zillow, August 2026

Typical asking rent

$1,585/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$285,157

+0.4% year over year

Redfin, through May 2026

Days on market

80

Slow-moving

Redfin, through May 2026

Active listings

94

3.5 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$116,613

Home costs 2.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.1%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Broussard a buyer's or seller's market?

Balanced market3.5 months of supply80 days on market99.1% of asking

Broussard, LA is a balanced market, based on 3.5 months of supply and homes selling in about 80 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Broussard housing market data show?

Every row below is Redfin's final published month for Broussard, LA. Redfin, through May 2026

Housing market statistics for Broussard, LA, Redfin through May 2026
MetricValue
Median sale price$285,157
Median list price$349,999
Year-over-year price change+0.4%
Median price per sq ft$158/sq ft
Median days on market80 days
Active inventory94 listings
Months of supply3.5 months
Sale-to-list price ratio99.1%
Homes sold (that month)27
New listings (that month)31
Listings with a price cut29.8%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Broussard is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Broussard is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Broussard home prices moved?

Over the last three years the median sale price in Broussard, LA fell 7.7%, from $309,000 to $285,157. The live Zillow value series has rose 2.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 29.8% of Broussard listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.5 months while the sale-to-list ratio slips below its current 99.1%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Broussard?

Priced off the typical home value of $281,573 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Broussard, LA
Down paymentCash at closeLoan amountMonthly P&I
20%$56,315$225,259$1,503/mo
5%$14,079$267,495$1,785/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,503, that implies roughly $64,423 a year before you add taxes and insurance. The median household in Broussard earns $116,613, about $52,190 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.4x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Broussard in the next 12 months?

Tell us your timeline. We send the Broussard market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Broussard?

Typical asking rent in Broussard, LA is $1,585/mo, against a typical home value of $281,573. That is a price-to-rent ratio of 14.8x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,503 a month — $82 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Broussard?

Active listings in Broussard, LA went from 89 in May 2025 to 94 in May 2026, a +5.6% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Broussard, LA
MonthActive listingsNew listings
June 20259841
July 20258826
August 20258629
September 202510143
October 202511337
November 202510623
December 20258515
January 20268130
February 20268329
March 20267926
April 20268934
May 20269431

Redfin, through May 2026

How does Broussard compare to Louisiana and the U.S.?

Broussard homes sell for $285,157 — 6% above the Louisiana median of $269,000. Against the national median of $410,700, Broussard runs 31% lower. Year-over-year, Broussard moved +0.4% against Louisiana's +3.2% — a smaller swing than the state as a whole.

Broussard, LA compared with Louisiana and the United States
MarketMedian sale priceYoYDays on market
Broussard, LA$285,157+0.4%80 days
Louisiana statewide$269,000+3.2%55 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Broussard

What buyers should watch

  • Months of supply, currently 3.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 29.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $282 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $281,573 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Broussard listing goes under contract in 80 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Broussard added 31 new listings against 27 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +2.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Broussard varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Broussard

There are currently 94 homes listed for sale in Broussard, Louisiana. The median listing price is $350K.

Active listings

94

Homes on market

Median list price

$350K

Avg. days on market

80

Days until sale

New this week

31

Newly listed

Price drops:29.8%of listings
Sale-to-list:99.1%

How much do homes cost in Broussard by property type?

How the Broussard, LA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Broussard, LA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$285,157$158/sq ft2780 days
Townhouse$305,000$126/sq ft112 days

Who lives in Broussard?

American Community Survey estimates for Broussard. U.S. Census ACS, 2023

Population

13,791

Households

4,821

Median income

$116,613/yr

Median age

33.9 years

Owner-occupied

82.9%

Median home value

$301,000

Median gross rent

$982/mo

Mean commute

21.4 min

82.9% of occupied homes in Broussard are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $301,000 against Zillow's $281,573 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $982/mo, below Zillow's $1,585/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Broussard?

3 schools tracked · 1,818 students

The largest public schools serving Broussard, LA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Katharine Drexel Elementary School

Grades PK-5 · 619 students

Public

Broussard Middle School

Grades 6-8 · 603 students

Public

Martial Billeaud Elementary School

Grades PK-5 · 596 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Broussard, LA?

Ordered by distance from Broussard, not by size. Compare Broussard side by side with any of them.

Broussard housing market FAQ

Is Broussard a buyer's or seller's market?

Broussard, LA is currently a balanced market. That read comes from 3.5 months of supply, homes going under contract in about 80 days, and sellers getting 99.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Broussard?

The typical home in Broussard, LA is worth $281,573 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $285,157, about $158 per square foot.

Is Broussard cheaper than the rest of Louisiana?

Broussard's median sale price of $285,157 is 6% higher than the Louisiana statewide median of $269,000, and 31% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Broussard?

Homes in Broussard, LA spent a median of 80 days on market before going under contract, versus 55 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Broussard?

At the current 30-year fixed rate of 7.03%, 20% down on a $281,573 home is about $1,503 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $64,423 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $116,613.

Are home prices rising in Broussard?

The typical home value in Broussard, LA rose 2.9% over the last 12 months, from $273,596 to $281,573 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Broussard?

Broussard ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Broussard?

That depends on your timeline, not on a headline. What the data says today: Broussard, LA is a balanced market with 3.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 14.8x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $281,573, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.