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Featured local agent — Gramercy, LA
Sarah Mitchell
Compass Real Estate · Gramercy, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gramercy, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$161,000median sale price
How is the Gramercy, LA housing market right now?
The median home sale price in Gramercy, LA is $161,000, down 38.1% year-over-year. Homes sell in an average of 11 days with 12 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gramercy a buyer's or seller's market?
Gramercy, LA is currently a balanced market, based on 3.0 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
11
Fast-moving
Active listings
12
3.0 months supply
Sale-to-list
92.5%
Below asking
What does the Gramercy housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $161,000 |
| Median list price | $295,000 |
| Year-over-year price change | -38.1% |
| Average days on market | 11 days |
| Active inventory | 12 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 92.5% |
| Median price per sq ft | $95/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 8 |
| Listings with a price cut | 16.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Gramercy by property type?
How the Gramercy, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $161,000 | $95/sq ft | 4 | 11 days |
| Condo / Co-op | $105,000 | $72/sq ft | 1 | 108 days |
| Townhouse | $142,500 | $119/sq ft | 1 | 29 days |
Source: Redfin · Updated monthly
The Gramercy housing market is currently classified as a balanced market with a median sale price of $161,000. Prices have fallen 38.1% compared to last year, with homes spending an average of 11 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Gramercy
There are currently 12 homes listed for sale in Gramercy, Louisiana. The median listing price is $295K.
Active listings
12
Homes on market
Median list price
$295K
Avg. days on market
11
Days until sale
New this week
8
Newly listed
Who lives in Gramercy?
Population
2,876
Median income
$66,475/yr
Median age
36.7 years
Owner-occupied
80.6%
College grads
17.3%
Avg commute
27.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Gramercy?
Zillow home value
$208,713
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Gramercy?
Gramercy is a community of approximately 3K residents with a median age of 36.7 years.The median household income is $66,475, which represents a working-class community with solid middle-income opportunities. 17.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gramercy offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gramercy?
1 schools tracked · 439 students
The largest public schools serving Gramercy, 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.
Gramercy Elementary School
Grades 4-6 · 439 students
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 Gramercy, LA?
Want a head-to-head view? Compare Gramercy side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Gramercy?
The median home sale price in Gramercy is $161,000, down 38.1% from last year.
How long do homes stay on market in Gramercy?
Homes typically spend 11 days on market before going under contract.
What is the median income in Gramercy?
The median household income is $66,475 per year.
Is Gramercy a buyer's or seller's market?
With 3.0 months of supply, Gramercy is currently a balanced market.
What is the Zillow home value estimate for Gramercy?
The Zillow Home Value Index (ZHVI) for Gramercy is $208,713, representing the typical home value in the area.
What is the median condo price in Gramercy?
The median condo/co-op sale price in Gramercy, LA is $105,000, compared to $161,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Gramercy?
The median single-family home price in Gramercy, LA is $161,000 (about $95 per square foot).
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