Is Lake Charles, LA 70607 a buyer’s or seller’s market?
Lake Charles is a seller’s market. With about 2.6 months of supply and 6% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.6Under 4 months = seller’s market
Sold above original list5.9%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$133▼ −0.4% vs. last year
Run the numbers for 70607
Nearby markets
Dequincy 70633Seller’s market $132 /sq ftHayes 70646Buyer’s market $159 /sq ftIowa 70647Seller’s market $144 /sq ftLake Charles 70601Balanced $98 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology