Grand Isle, LA

Buyer's market-31.0% YoY

Housing market overview · Updated weekly

$436,250median sale price

Homes sold

2

Last 12 weeks

Days on market

455

Average pace

Active listings

47

23.5 months supply

Sale-to-list

88.5%

Below asking

The Grand Isle housing market is currently classified as a buyer's market with a median sale price of $436,250. Prices have fallen 31.0% compared to last year, with homes spending an average of 455 days on market, indicating 23.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Grand Isle

There are currently 47 homes listed for sale in Grand Isle, Louisiana. The median listing price is $250K.

Active listings

47

Homes on market

Median list price

$250K

Avg. days on market

455

Days until sale

New this week

5

Newly listed

Price drops:12.8%of listings
Sale-to-list:88.5%

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Frequently asked questions

What is the average home price in Grand Isle?

The median home sale price in Grand Isle is $436,250, down 31.0% from last year.

How long do homes stay on market in Grand Isle?

Homes typically spend 455 days on market before going under contract.

Is Grand Isle a buyer's or seller's market?

With 23.5 months of supply, Grand Isle is currently a buyer's market.

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