Market Intelligence Report — LA-660

Opelousas, LA

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

Ref. No: 2026-LA-09
As of the latest 2026 data
Cooling

Median Listing

$205K
+5.2% YoY

Pending Ratio

0.26
+3.5% YoY

Active Inventory

199
-18.3% YoY

Median DOM

93 Days
+10.1% YoY

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The Opelousas housing market is in a cooling phase, characterized by a pending ratio of 0.26. While the median listing price has increased by 5.2% year-over-year, the pace of demand remains significantly below available inventory.

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.

Active listings have contracted by 18.3% over the past year, while new listings experienced a more pronounced decline of 34.6% year-over-year. Despite these inventory reductions, the median days on market increased by 10.1% year-over-year, indicating a slower absorption of available properties. The pending ratio saw a modest increase of 3.5% year-over-year from a low base, yet it remains at a level that suggests a challenging environment for demand.

Historical Analysis

Market Trends

Median Price

$205K+5.1% MoM

Active Inventory

199-18.3% YoY

Days on Market

93+10.1% YoY

Sold Score™

36+3.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

36
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Negotiating leverage in this market is shifting towards buyers due to a slower pace of transactions and ample time for consideration, as evidenced by an increase in median days on market. With a pending ratio of 0.26, there is less pressure on buyers to act quickly, allowing for greater price discipline. The decline in the price-reduced share by 5.4% year-over-year indicates some resilience in pricing strategies, though overall demand remains soft.

Luxury Segment

In the higher price tiers, the average listing price experienced a 5.5% year-over-year decline, diverging from the positive year-over-year growth in the median listing price. This suggests some softness at the upper end of the market, even as the median price per square foot remains stable.

Supply Dynamics

199 active listings represent the current floor, with new supply arriving at roughly 34 per month.

Pricing Pressure
18.8%

of active listings carry a price reduction, -5.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.5% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Opelousas, LA? Homes here are taking 9 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
26%
Median Days on Market
93 days
Inventory YoY
−18%

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Metro Demographics

Metro Area
Opelousas, LA
CBSA Code
36660
State
LA