The real estate market in Youngsville and Broussard, Louisiana, have remained active as we enter 2025, with notable trends in total listings, sales prices, and market absorption rates.
Youngsville Market Overview: Youngsville’s real estate market currently features 244 total listings, with 53 properties under contract. The average listing price stands at $428,464, while the average sold price is $322,937, reflecting a list-to-sale ratio of 97.5%. Properties in Youngsville are spending an average of 95 days on the market, with an absorption rate of 4.68. Additionally, 26 properties were successfully sold in the past month, indicating steady activity in the area.
Broussard Market Overview: In Broussard, there are currently 122 total listings, with 35 properties under contract. The average listing price is $392,793, while the average sold price is $324,443, yielding a list-to-sale ratio of 94.2%. Homes in Broussard are spending an average of 93 days on the market, with an absorption rate of 4.32. In the past month, 16 properties were sold, reflecting a slightly slower but still active market compared to Youngsville.
Market Trends and Insights: Both Youngsville and Broussard exhibit healthy real estate activity, with competitive listing prices and strong sales ratios. The absorption rates suggest a balanced market where demand continues to meet supply. With interest in both areas remaining steady, now is a favorable time for buyers and sellers to enter the market.
I’m a local REALTOR® with Keller Williams Realty Acadiana, who emphasizes the importance of strategic planning for prospective buyers and sellers. “If you are interested in buying or selling, now is an excellent time to enter the market! I’d love the opportunity to discuss how I can help you achieve your real estate goals.”
For further inquiries and market guidance, buyers and sellers can reach out to me, Denise Rangai, at (985) 991-1344 or deniseondabayou@gmail.com or visit https://deniseondabayou.kw.com
