Houma-area home prices fall 5.3% in April, with houses for sale in high demand

Judith Zeng

A usual Terrebonne Parish house outlined for $269,900 in April, down 5.3% from a thirty day period before, an evaluation of details from Real estate agent.com demonstrates.

The median listing dwelling price in April was up about 4.8% from April 2021. Terrebonne Parish’s median household was 3,030 square ft for a stated price tag of $95 per sq. foot.

Far more:Thibodaux-region dwelling rates rise 2% in April, with residences for sale in high desire

The Terrebonne Parish market place was occupied, with a median 43 times on market. A thirty day period before, households had a median 74 times on sector. The current market additional 88 new property listings in April, in contrast with the 96 included in April 2021. The market place finished the month with some 123 listings of properties for sale.

Data on your community housing sector is offered as a result of the United states of america Currently Network, with much more data from Real estate agent.com.

Across metro Houma-Thibodaux, median dwelling price ranges rose to $269,900, up 4.1% from a thirty day period before. The median home had 3,016 square toes, at a record price of $89 for each square foot.

Throughout all of Louisiana, median home price ranges had been $289,000, growing 2.3% from a thirty day period earlier. The median Louisiana house for sale had 1,915 square feet at list price tag of $147 for each sq. foot.

Throughout the United States, median residence selling prices had been $425,000, up 5% from a month previously. The median American dwelling for sale had 1,821 square toes, mentioned at $220 for each sq. foot.

The median property list price tag — the midway point of all the properties or models listed over a interval of time — is utilised a lot more frequently in this report in its place of the regular household listing price tag since experts say the median delivers a far more exact perspective of what is actually happening in a sector. In getting the typical price tag, all rates of homes mentioned are extra and then divided by the variety of houses sold. This measure can be skewed by one reduced or superior rate.

The Usa Currently Community is publishing localized variations of this tale on its news sites across the nation, generated with data from the Realtor.com household listings database.. The tale was prepared by Mike Stucka and Sean Lahman.

This report originally appeared on The Courier: Houma-space houses for sale fall to $269,900 median cost

Next Post

2022 Pasadena Showcase House of Design | Closes Sunday, May 22 | The South Pasadenan

Picture: DylanRiley.foto | South Pasadena News | The solar place designed by James Hernandez at the 2022 Pasadena Showcase Residence of Style and design. News delivered by Pasadena Showcase Household for the Arts With a triumphant return and a few months of almost marketed-out excursions, the 2022 Pasadena Showcase Household […]