Market Intelligence Report — LA-660

Opelousas, LA

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

Ref. No: 2026-LA-05
As of the latest 2026 data
Cooling

Median Listing

$198K
+5.9% YoY

Pending Ratio

0.28
-9.2% YoY

Active Inventory

204
+2.5% YoY

Median DOM

80 Days
+18.5% YoY

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The Opelousas housing market is Cooling, characterized by a pending ratio of 0.28. This indicates demand absorption is currently outpaced by available supply, contributing to a longer market cycle for properties.

Market Analysis

What's moving the Opelousas market right now.

Active listings have experienced a modest increase of 2.5% over the past year, while new listings saw a 7.7% rise. This growth in supply is juxtaposed with a significant 9.2% year-over-year decline in the pending ratio, suggesting a deceleration in transactional activity. Median listing prices have continued to appreciate, showing a 5.9% increase year-over-year, yet median days on market extended by 18.5%, reflecting slower absorption.

Historical Analysis

Market Trends

Median Price

$198K+2.9% MoM

Active Inventory

204+2.5% YoY

Days on Market

80+18.5% YoY

Sold Score™

30-9.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

30
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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 at 0.28, the current market dynamics favor a measured approach to transactions. The extended median days on market and the increased share of price reductions suggest that buyers have more time and leverage to negotiate. Sellers may need to exercise greater price discipline to align with prevailing demand conditions.

Luxury Segment

The average listing price has decreased by 8.6% year-over-year, while the median listing price increased by 5.9%, leading to an elevated average-to-median spread. Median price per square foot also softened by 3.9% over the past year. This combination suggests some downward pressure on valuations within the higher price tiers of the market.

Supply Dynamics

204 active listings represent the current floor, with new supply arriving at roughly 56 per month.

Pricing Pressure
19.6%

of active listings carry a price reduction, +3.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.9% year-over-year.

Absorption
0.28

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Opelousas, LA
CBSA Code
36660
State
LA
Analysis FAQ
  • What is the current market condition in Opelousas?+

    As of the latest 2026 data, the Opelousas metro is classified as Cooling. Pending ratio is 0.28 with median days on market at 80.

  • Are home prices dropping in Opelousas?+

    Median listing price is $198K, +5.9% year over year. 19.6% of active listings carry a price reduction.

  • How fast are homes selling in Opelousas?+

    The typical listing sits 80 days on market, a +18.5% change YoY. New listings are arriving at 56 per month.

  • What's happening in the Opelousas luxury market?+

    The average listing price has decreased by 8.6% year-over-year, while the median listing price increased by 5.9%, leading to an elevated average-to-median spread. Median price per square foot also softened by 3.9% over the past year. This combination suggests some downward pressure on valuations within the higher price tiers of the market.

  • Where can I find a trusted Opelousas real estate expert?+

    Primpted maintains a vetted registry of Opelousas agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 36660 · 36mo history