Red Chute, LA Housing Market & Real Estate

Balanced market-0.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Red Chute, LA is $228,750, down 0.1% year-over-year. Homes sell in an average of 59 days with 30 active listings. The market is currently a balanced market.

$228,750median sale price

Is Red Chute a buyer's or seller's market?

Balanced market3.8 months of supply59 avg. days on market

Red Chute, LA is currently a balanced market, based on 3.8 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

59

Average pace

Active listings

30

3.8 months supply

Sale-to-list

96.6%

Below asking

Red Chute, LA market data

Current housing market statistics for Red Chute, LA
MetricValue
Median sale price$228,750
Median list price$269,900
Year-over-year price change-0.1%
Average days on market59 days
Active inventory30 listings
Months of supply3.8 months
Sale-to-list price ratio96.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Red Chute housing market is currently classified as a balanced market with a median sale price of $228,750. Prices have fallen 0.1% compared to last year, with homes spending an average of 59 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Red Chute

There are currently 30 homes listed for sale in Red Chute, Louisiana. The median listing price is $270K.

Active listings

30

Homes on market

Median list price

$270K

Avg. days on market

59

Days until sale

New this week

7

Newly listed

Price drops:23.3%of listings
Sale-to-list:96.6%

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Frequently asked questions

What is the average home price in Red Chute?

The median home sale price in Red Chute is $228,750, down 0.1% from last year.

How long do homes stay on market in Red Chute?

Homes typically spend 59 days on market before going under contract.

Is Red Chute a buyer's or seller's market?

With 3.8 months of supply, Red Chute is currently a balanced market.

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