Market Intelligence Report — LA-020

Morgan City, LA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-LA-07
As of the latest 2026 data
Very Weak

Median Listing

$183K
+1.4% YoY

Pending Ratio

0.17
+2.8% YoY

Active Inventory

138
+0.7% YoY

Median DOM

98 Days
+19.2% YoY

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Morgan City is currently experiencing very weak market conditions, characterized by a pending ratio of 0.17. This indicates that demand absorption is significantly lagging behind available supply, with fewer than two pending sales for every ten active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Morgan City market right now.

Active listings have remained relatively stable over the past year, increasing by a modest 0.7% year-over-year. While new listings saw a notable increase of 25.0% year-over-year, the median listing price declined by 10.9% month-over-month, despite a 1.4% increase over the past year. Median days on market have extended significantly, rising by 19.2% year-over-year, suggesting properties are taking longer to find buyers. The price-reduced share has seen a year-over-year decrease of 6.6%.

Historical Analysis

Market Trends

Median Price

$183K-10.9% MoM

Active Inventory

138+0.7% YoY

Days on Market

98+19.2% YoY

Sold Score™

26+2.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

26
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The exceptionally low pending ratio of 0.17 indicates substantial inventory pressure and a slow pace of transactions. With listings taking longer to sell, there is increased opportunity for price discipline to be exerted, given the current absorption rate.

Luxury Segment

The average listing price, at $233,647, is notably higher than the median listing price of $182,500. However, the average price saw only a marginal increase of 0.9% year-over-year, aligning with the overall market softness. No distinct luxury-segment signal in this dataset.

Supply Dynamics

138 active listings represent the current floor, with new supply arriving at roughly 30 per month.

Pricing Pressure
16.6%

of active listings carry a price reduction, -6.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.3% year-over-year.

Absorption
0.17

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Morgan City, LA? Homes here are taking 16 days longer to sell than last year.

Buyers have leverage in Morgan City, LA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
17%
Median Days on Market
98 days
Inventory YoY
+1%

In a buyer's market, strategy beats timing. See how your home scores in Morgan City, LA and what moves the number.

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Metro Demographics

Metro Area
Morgan City, LA
CBSA Code
34020
State
LA

ZIPs in Morgan City, LA

Sorted by active inventory · click a ZIP for its full report