New - 18 minutes on Rocket
$6,650 Closing Credit¹
Whitney Herrmann, Listing Office: Century 21 Investment Realty
Mandeville Housing Market Report December 2024•Saint Tammany County, Louisiana
Housing Prices in Mandeville, LA
How much do homes in Mandeville, LA cost?
Housing Market Conditions
Is Mandeville, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mandeville is a Seller's Market
Difference Since December 2023
Since last year, Mandeville has remained a Seller's Market.
Insight
Mandeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$354,880$175/SqFt
+$19,879
+5.9%
Based on all homes sold in the last 12 months
Insight
Homes in Mandeville have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Mandeville was $354,880 in December 2024, up 5.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $299.2K | $295K | -1.4% |
| 22 Bedrooms | $195K | $182K | -6.7% |
| 33 Bedrooms | $276.9K | $276K | -0.3% |
| 44 Bedrooms | $434.4K | $420K | -3.3% |
| 55+ Bedrooms | $630K | $687K | +9.0% |
Summary: Mandeville housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -1.4%. The home price for 2 bedroom homes decreased by -6.7%. The home price for 3 bedroom homes decreased by -0.3%. The home price for 4 bedroom homes decreased by -3.3%. The home price for 5 bedroom homes increased by +9.0%.
Housing supply in Mandeville, LA
How many homes are available in Mandeville, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 293Last MonthDec 2024 | ||
| 2932 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Mandeville real estate market had 293 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 50Last MonthDec 2024 | ||
| 382 months agoNov 2024 | +31.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 31 | 25 | -19.4% |
| 33 Bedrooms | 113 | 117 | +3.5% |
| 44 Bedrooms | 99 | 105 | +6.1% |
| 55+ Bedrooms | 48 | 45 | -6.3% |
Summary: Mandeville housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -19.4%. The inventory for 3 bedroom homes increased by +3.5%. The inventory for 4 bedroom homes increased by +6.1%. The inventory for 5 bedroom homes decreased by -6.3%.
Asking Price vs. Sold Price
How much do homes in Mandeville, LA cost?
Over Asking Price5 Homes
At Asking Price9 Homes
Under Asking Price36 Homes
Insight
If you're buying a home in Mandeville, you may be able to get a good deal. 72% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Mandeville in December 2024, up by 31.6% month-over-month. Of the 50 sold homes, 72% were sold under asking, 18% were sold at asking, and and 10% were sold over asking.
Days on Market for Mandeville, LA
How long does it take to sell a home in Mandeville, LA?
Breakdown of Home Sale Times
Under 30 Days23 Homes
30 – 90 Days15 Homes
Over 90 Days12 Homes
Insight
Many homes in Mandeville are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 50 homes were sold in Mandeville; 46% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 55 DaysThis YearDec 2024 | ||
| 33 Days1 year agoDec 2023 | +65.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Mandeville had an average listing age of 55 days in Dec 2024, up by 65.6% compared to the previous year.
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Newest Listings in Mandeville, LA
What homes are available in Mandeville, LA?
New - 9 hours on Rocket
$5,759 Closing Credit¹
Tammy Whitehead, Listing Office: LATTER & BLUM (LATT15)
New - 14 hours on Rocket
$10,000 Closing Credit¹
Shalena Drury, Listing Office: Select Realty Group, LLC
New - 1 day on Rocket
$4,156 Closing Credit¹
Sharon Latino, Listing Office: Keller Williams Realty Services
New - 1 day on Rocket
$10,000 Closing Credit¹
Cindi Raymond, Listing Office: CBTEC BEAU CHENE
New - 1 day on Rocket
$3,561 Closing Credit¹
Tammy Wheeler, Listing Office: RE/MAX Northshore
New - 2 days on Rocket
$5,758 Closing Credit¹
Karen Guerra, Listing Office: LATTER & BLUM (LATT15)
New - 2 days on Rocket
$1,780 Closing Credit¹
Lisa Martinez, Listing Office: Epique Realty
New - 3 days on Rocket
$3,561 Closing Credit¹
Lori L. Hess, Listing Office: Hess Properties
New - 3 days on Rocket
$3,563 Closing Credit¹
Gina Lupo, Listing Office: Keller Williams Realty Services
New - 3 days on Rocket
$10,000 Closing Credit¹
Theresa Dennie, Listing Office: LATTER & BLUM (LATT15)
New - 4 days on Rocket
$4,691 Closing Credit¹
Sara Daniel, Listing Office: 1 Percent Lists Premier
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Nearby markets aren't available for Mandeville, LA
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Based on information from ROAM MLS, for the period 01/01/2023 - 01/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.