Explore Baker, LA - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The housing market in Baker continues to see strong price appreciation, with values up 36.5% compared to last year. Home prices have increased 81.0% in the past month alone. At the current pace, all available homes in Baker would sell out in just 1.7 months, indicating a continued supply shortage. Homes are taking about 73 days to sell, which is -8 days longer than this time last year. A significant 41.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 14.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Baker market with the affordability index at 79.2. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Demographics market for - Baker, LA
Total Population -
13,160
White Population
14.40%
Black Population
85.52%
Crime for - Baker, LA
Real Estate Market Prediction for - Baker, LA
City Hotspots
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