The housing market in Bayou La Batre continues to see strong price appreciation, with values up 188.7% compared to last year. The median home price of $415,000 represents a substantial 188.7% increase from this time last year. With 4.0 months of supply, Bayou La Batre's inventory levels remain relatively tight. Properties are selling within just 7 days on average, much faster than the historical norm of 127 days. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Bayou La Batre market with the affordability index at 911.1. Based on current market indicators, home prices in Bayou La Batre are projected to decrease by approximately 19.5% over the next month.
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A