Is Lake Charles, LA 70611 a buyer’s or seller’s market?
Lake Charles is a seller’s market. With about 2.6 months of supply and 9% 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 list9.4%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$141▼ −2.1% vs. last year
Run the numbers for 70611
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