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Featured local agent — Point Place, LA
Sarah Mitchell
Compass Real Estate · Point Place, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Point Place, LA Housing Market
The last median sale price Redfin published was $364,900 (through May 2026). With 1.0 months of supply and homes going under contract in about 61 days, Point Place is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $364,900 home is about $1,948/mo in principal and interest.
Key numbers for Point Place, LA
Median sale price
$364,900
Last published period
Redfin, through January 2026
Days on market
61
Slow-moving
Redfin, through January 2026
Active listings
1
1.0 months of supply
Redfin, through January 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through January 2026
Zillow figures 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 Point Place a buyer's or seller's market?
Point Place, LA is a seller's market, based on 1.0 months of supply and homes selling in about 61 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Point Place housing market data show?
Every row below is Redfin's final published month for Point Place, LA. Redfin, through January 2026
| Metric | Value |
|---|---|
| Median sale price | $364,900 |
| Median price per sq ft | $175/sq ft |
| Median days on market | 61 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| Market condition | Seller's 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 Point Place is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Point Place 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 Point Place home prices moved?
Across the 20 months we hold for Point Place, LA, the median sale price rose 15.8%, from $315,000 in May 2021 to $364,900. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through January 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Point Place?
Priced off the median sale price of $364,900 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $72,980 | $291,920 | $1,948/mo |
| 5% | $18,245 | $346,655 | $2,313/mo |
Redfin, through January 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 $1,948, that implies roughly $83,487 a year before you add taxes and insurance. We do not hold a Census income figure for Point Place, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Point Place in the next 12 months?
Tell us your timeline. We send the Point Place market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Point Place?
Zillow does not publish a rent index (ZORI) for Point Place, LA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Point Place?
Active listings in Point Place, LA went from 3 in May 2021 to 1 in January 2026, a -66.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2021 | 3 | 1 |
| July 2021 | 1 | not published |
| September 2021 | 2 | 2 |
| October 2021 | 3 | 2 |
| November 2021 | 3 | 4 |
| December 2021 | 2 | not published |
| January 2022 | 1 | not published |
| May 2022 | 1 | 2 |
| January 2024 | 1 | not published |
| October 2024 | 1 | 1 |
| May 2025 | 1 | not published |
| January 2026 | 1 | not published |
Redfin, through January 2026
How does Point Place compare to Louisiana and the U.S.?
Point Place homes sell for $364,900 — 36% above the Louisiana median of $269,000. Against the national median of $410,700, Point Place runs 11% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Point Place, LA | $364,900 | not published | 61 days |
| Louisiana statewide | $269,000 | +3.2% | 55 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through January 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Point Place
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $365 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 $364,900 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 Point Place listing goes under contract in 61 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 100.0% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Point Place varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Point Place
There are currently 1 homes listed for sale in Point Place, Louisiana.
Active listings
1
Homes on market
Avg. days on market
61
Days until sale
How much do homes cost in Point Place by property type?
How the Point Place, LA market breaks down across single-family homes, condos and townhouses. Redfin, through January 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $364,900 | $175/sq ft | 1 | 61 days |
Who lives in Point Place?
American Community Survey estimates for Point Place. U.S. Census ACS, 2023
Population
589
Households
262
Median age
42.5 years
Owner-occupied
87.8%
Median home value
$303,100
Median gross rent
$2,190/mo
Mean commute
27.8 min
87.8% of occupied homes in Point Place 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.
Which cities are near Point Place, LA?
Ordered by distance from Point Place, not by size. Compare Point Place side by side with any of them.
Point Place housing market FAQ
Is Point Place a buyer's or seller's market?
Point Place, LA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 61 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Point Place?
The median sale price in the last month Redfin published was $364,900, about $175 per square foot.
Is Point Place cheaper than the rest of Louisiana?
Point Place's median sale price of $364,900 is 36% higher than the Louisiana statewide median of $269,000, and 11% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Point Place?
Homes in Point Place, LA spent a median of 61 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 Point Place?
At the current 30-year fixed rate of 7.03%, 20% down on a $364,900 home is about $1,948 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $83,487 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Point Place?
We do not hold a complete 12-month value series for Point Place, LA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Point Place?
Point Place 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 Point Place?
That depends on your timeline, not on a headline. What the data says today: Point Place, LA is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $364,900, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.