$2,339 Closing Credit¹
Latoya Miller, Listing Office: KELLER WILLIAMS REALTY 455-0100
Reserve Housing Market Report December 2024•Saint John the Baptist County, Louisiana
Housing Prices in Reserve, LA
How much do homes in Reserve, LA cost?
Housing Market Conditions
Is Reserve, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Reserve is a Buyer's Market
Difference Since December 2023
At the same time last year, Reserve was a Seller's Market.
Insight
Reserve is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$135,000$91/SqFt
-$4,500
-3.2%
Based on all homes sold in the last 12 months
Insight
Homes in Reserve have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Reserve was $135,000 in December 2024, down 3.2% from last year, and the median price per square foot was $91.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| La Place | $200K | $196.2K | -1.9% |
| Reserve | $139.5K | $135K | -3.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $69K | $50K | -27.5% |
| 33 Bedrooms | $150K | $137.5K | -8.3% |
| 44 Bedrooms | $235K | $165K | -29.8% |
| 55+ Bedrooms | $253K | $398.8K | +57.7% |
Summary: Reserve housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.5%. The home price for 3 bedroom homes decreased by -8.3%. The home price for 4 bedroom homes decreased by -29.8%. The home price for 5 bedroom homes increased by +57.7%.
Housing supply in Reserve, LA
How many homes are available in Reserve, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 142 months agoNov 2024 | -21.4 % Change MoMNov – Dec |
Summary: The Reserve real estate market had 11 homes for sale in Dec 2024, a 21.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthDec 2024 | ||
| 12 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 5 | 3 | -40.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Reserve housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Reserve, LA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Reserve, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Reserve in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Reserve, LA
How long does it take to sell a home in Reserve, LA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Reserve are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Reserve; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 15 DaysThis YearDec 2024 | ||
| 32 Days1 year agoDec 2023 | -53.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Reserve had an average listing age of 15 days in Dec 2024, down by 53.8% compared to the previous year.
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Newest Listings in Reserve, LA
What homes are available in Reserve, LA?
William McIntyre, Listing Office: CBTEC MAGAZINE
William McIntyre, Listing Office: CBTEC MAGAZINE
$2,849 Closing Credit¹
Pamela Necaise, Listing Office: LEONE GNO REALTY LLC
$1,069 Closing Credit¹
Kayla Scott, Listing Office: Pelican State Realty
$1,959 Closing Credit¹
Victor Lizarraga, Listing Office: 1 Percent Lists Premier
$1,424 Closing Credit¹
David Reso, Listing Office: Audubon Realty, LLC
William McIntyre, Listing Office: CBTEC MAGAZINE
$2,375 Closing Credit¹
Ched Edler, Listing Office: LATTER & BLUM (LATT21)
$2,007 Closing Credit¹
Ched Edler, Listing Office: LATTER & BLUM (LATT21)
$5,706 Closing Credit¹
Natasha Ross, Listing Office: Fathom Realty LA, LLC
Backup offers
$713 Closing Credit¹
Tom Bookhardt, Listing Office: United Real Estate Partners LLC
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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: 1/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.