In February 2025, the Greater Baton Rouge real estate market experienced notable trends:
The median list price increased by 1.6% from February 2024, reaching $271,400. The median price per square foot is now $156.
Inventory Levels: The number of homes for sale increased by 7.4% compared to February 2024, totaling 2616 active listings.
Homes remained on the market longer, with an average listing age of 42 days. This marks a 16.7% increase from February 2024.
For buyers, the increase in inventory levels is a welcome change, offering more options to choose from. This growth in available homes can help reduce the level of competition in the market. With 7.4% more homes on the market compared to last year, buyers have a better chance of finding a home that meets their needs. They may also be less likely to face bidding wars as frequently. However, the rising median list price, now at $271,400, means affordability remains a concern, especially for first-time buyers. The longer days on market, averaging 42 days, may also work in buyers’ favor, giving them more time to negotiate favorable terms rather than rushing into a purchase.
For sellers, the market shift presents both challenges and opportunities. While home values have risen slightly, the increase in inventory means more competition, requiring sellers to price their homes strategically and ensure they stand out with strong marketing and appealing features. The longer average time on market suggests that homes aren’t selling as quickly as before, emphasizing the need for patience and possibly more incentives, such as price adjustments or closing cost assistance, to attract serious buyers. Sellers who take the time to properly prepare and position their homes will still find success, but they must be mindful of changing buyer expectations in a market with more choices.
Let’s examine how the three largest parishes performed in the market:
Ascension Parish Real Estate
In February 2025, detached single-family homes in Ascension Parish had a median price of $304,290. With 92 homes closing in February, the volume rose a bit. Out of those homes closed, they were on the market for a median of forty-seven days, and the list price-to-sales price ratio also rose a bit to 99.1%. There were 98 homes to go under contract.
There are currently 373 homes on the market, with a median list price of $385,000. This equals a 3.3-month supply of homes in Ascension Parish.
East Baton Rouge Parish Real Estate
In February 2025, detached single-family homes in East Baton Rouge Parish had a median price of $280,000. The 286 homes closed in February 2025 were on the market for a median of forty-five days, and the list price-to-sales price ratio held steady at 97%. There were 354 homes to go under contract, up 2.3% from February 2024.
There are currently 1337 homes on the market, with a median list price of $319,900. This equals a 4.0-month supply of homes in the East Baton Rouge Parish market.
Livingston Parish Real Estate
In February 2025, Livingston Parish saw a median sales price of $243,450 for detached single-family homes. Out of the 117 homes closed in February 2025, they were on the market for a median of forty-two days, and the list-to-sales price ratio was 98.6%! There were 127 homes to go under contract compared to 135 in February 2024 and 118 in January 2025.
There are 538 detached single-family homes on the market, with a median list price of $281,400. This equals a 3.8-month supply of homes in the Livingston Parish market.
——————————————————————————————
Join us next month as we review the Greater Baton Rouge Real Estate Market for March 2025.
——————————————————————————————
* All data gathered using ROAM MLS as of
March 16, 2025
Leave a Reply