Lake Charles, LA
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
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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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