Lake Charles, LA

Buyer's market+0.8% YoY

Housing market overview · Updated weekly

$220,000median sale price

Homes sold

67

Last 12 weeks

Days on market

133

Average pace

Active listings

387

5.8 months supply

Sale-to-list

97.0%

Below asking

The Lake Charles housing market is currently classified as a buyer's market with a median sale price of $220,000. Prices have risen 0.8% compared to last year, with homes spending an average of 133 days on market, indicating 5.8 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 Lake Charles

There are currently 387 homes listed for sale in Lake Charles, Louisiana. The median listing price is $260K.

Active listings

387

Homes on market

Median list price

$260K

Avg. days on market

133

Days until sale

New this week

106

Newly listed

Price drops:16.0%of listings
Sale-to-list:97.0%

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Frequently asked questions

What is the average home price in Lake Charles?

The median home sale price in Lake Charles is $220,000, up 0.8% from last year.

How long do homes stay on market in Lake Charles?

Homes typically spend 133 days on market before going under contract.

Is Lake Charles a buyer's or seller's market?

With 5.8 months of supply, Lake Charles is currently a buyer's market.

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