Market Intelligence Report — LA-660

Opelousas, LA

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

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

Median Listing

$208K
+6.2% YoY

Pending Ratio

0.25
-3.8% YoY

Active Inventory

222
+1.4% YoY

Median DOM

88 Days
+14.7% YoY

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The Opelousas market is currently in a cooling phase, characterized by a pending ratio of 0.25, indicating that demand absorption is moderate relative to available supply. This market condition aligns with recent adjustments in median listing prices, which registered a modest 0.9% month-over-month decline.

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 Opelousas market right now.

Supply dynamics show a slight expansion in active listings, with a 1.4% year-over-year increase, while new listings have contracted by 16.7% over the past year. Concurrently, the median days on market have extended by 14.7% year-over-year, reflecting a slower pace of transactions. The pending ratio has also decreased by 3.8% year-over-year, contributing to the overall cooling trend.

Historical Analysis

Market Trends

Median Price

$208K-0.9% MoM

Active Inventory

222+1.4% YoY

Days on Market

88+14.7% YoY

Sold Score™

32-3.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

32
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

With a pending ratio of 0.25, the market exhibits a slower absorption pace, which typically translates to more time for prospective purchasers to consider options. The extended median days on market and contracting new listings suggest less immediate pressure on inventory, potentially allowing for greater price discipline in transactions. This environment points to a measured pace for negotiations.

Luxury Segment

The average listing price has declined by 9.2% year-over-year, alongside a 3.4% year-over-year decrease in median price per square foot. This divergence from the median listing price's year-over-year gain suggests potential price adjustments within the higher-priced segments of the market. The Opelousas market.

Supply Dynamics

222 active listings represent the current floor, with new supply arriving at roughly 50 per month.

Pricing Pressure
17.1%

of active listings carry a price reduction, -4.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.4% year-over-year.

Absorption
0.25

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Opelousas, LA? Homes here are taking 11 days longer to sell than last year.

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

Buyer Demand Index
25%
Median Days on Market
88 days
Inventory YoY
+1%

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

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Metro Demographics

Metro Area
Opelousas, LA
CBSA Code
36660
State
LA