As we kick off the second quarter of 2025, we’re shifting our perspective and taking a broader look. This month, we are comparing the entire Baton Rouge real estate first quarter of 2024 to the same time last year instead of going month by month. Across the Greater Baton Rouge area, we saw a modest 1.5% decrease in closed transactions and an 8.9% increase in inventory. Interestingly, new listings only ticked up by 0.6%, which strongly suggests that homes are sitting longer on the market. Something both buyers and sellers should be watching closely.
For buyers, this is welcome news. More inventory means more options, and homes sitting longer can give buyers more negotiating power. Median days on market ranged from 34 to 45 days in the three largest parishes. And list-to-sales price ratios have held relatively steady. This means prices aren’t dropping significantly, but buyers may have room to ask for concessions or be more selective in their search. With months of inventory rising and price growth cooling slightly, the pace feels less frantic. This has resulted in giving buyers a bit more breathing room.
On the seller side, strategy is becoming increasingly important. Even though prices are still strong, like Ascension Parish’s $305,000 median and Livingston’s 98.8% list-to-sale ratio, longer days on market and growing inventory mean competition is stiffening. Sellers need to price correctly from day one, ensure their home is show-ready, and be prepared for buyers who may come in below asking or request repairs. While demand remains solid, the shift in supply dynamics calls for a thoughtful approach to get top dollar.
In the detailed breakdowns below, we’ll dive deeper into each of the three major parishes- Ascension, East Baton Rouge, and Livingston. We will explore how local trends are shaping opportunities and challenges for both sides of the market.
Ascension Parish Real Estate
In the first quarter of 2025, detached single-family homes in Ascension Parish had a median price of $305,000. With 267 homes closing in the first quarter, the volume rose slightly compared to the first quarter of 2024. Out of those homes closed, they were on the market for a median of thirty-six days, and the list price-to-sales price ratio stayed a bit stable at 98.7%. There were 329 homes to go under contract.
There are currently 358 homes on the market, with a median list price of $395,000. This equals a 3.3-month supply of homes in Ascension Parish.
East Baton Rouge Parish Real Estate
In the first quarter of 2025, detached single-family homes in East Baton Rouge Parish had a median price of $278,500. The 895 homes closed in the first quarter were on the market for a median of thirty-four days, and the list price-to-sales price ratio held steady at 97.3% compared to the first quarter of 2024. There were 1,032 homes to go under contract, down 5.7% from the first quarter of 2024.
There are currently 1326 homes on the market, with a median list price of $319,302. This equals a 4.1-month supply of homes in the East Baton Rouge Parish market.
Livingston Parish Real Estate
In the first quarter of 2025, Livingston Parish saw a median sales price of $241,100 for detached single-family homes. Out of the 363 homes closed in the first quarter, they were on the market for a median of forty-five days. And the list-to-sales price ratio was 98.8%! There were 396 homes to go under contract, which held the same as the first quarter of 2024.
There are 514 detached single-family homes on the market, with a median list price of $278,900. This equals a 3.6-month supply of homes in the Livingston Parish market.
As we settle into spring, the market shift brings a fresh opportunity for both buyers and sellers. This season traditionally sees more movement, with buyers planning summer moves and sellers hoping to capitalize on curb appeal as everything starts to bloom. Whether you’re considering buying your first home, moving up, or downsizing, now is a great time to get your strategy in place. The numbers tell a story, but so does your next chapter. Let’s make sure you’re ready for it.
——————————————————————————————
Join us next month as we review the Greater Baton Rouge Real Estate Market for April 2025.
——————————————————————————————
* All data gathered using ROAM MLS as of
March 07, 2025
Leave a Reply