Average Time to Sell a House in Louisiana

By 

Clever Real Estate

Updated 

February 17th, 2020

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Getting ready to sell your Louisiana home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).

Updated February 17, 2020

  • In 2020, the average time it takes to sell a home in Louisiana — from listing through closing — is approximately 91 days. That’s 56 days to get an offer, plus the typical 35-day closing period.
  • Key factors that impact Louisiana home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
  • Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.

Read on to learn more about how long it takes to sell a house in Louisiana — and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.

What’s the average time to sell a house in Louisiana?

  Average Time to Sell* Average Price**
National 80 days $307,750
State 91 $218,750

*Redfin Data Center (average of median days on market in 2019)
 **Redfin Data Center (average of median price in 2019)

The average time it takes to sell a house in Louisiana in 2020 is 91 days — 56 days to get an offer and an additional 35 days to close. This is approximately 13.75% slower than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.

Best time to sell a house in Louisiana

In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) time to sell your Louisiana house based on what’s most important to you:

  • Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
  • Highest Sale Price: What month should you list in to get the best possible price for your home?

> Learn more about the best time to sell in Louisiana.

Best month to sell a house fast in Louisiana

  Month* Days on Market*
Best Month July 42 days
Worst Month January 80 days

*Redfin Data Center (median days on market by month in 2019)

The best month to sell a house fast in Louisiana is July. The median time it takes for Louisiana homes listed in July to get an offer is 42 days, which is 14 days faster than the annual average.

> Read our comprehensive guide on how to sell your house fast.

Best month to sell a house in Louisiana for price

  Month* Median Price*
Best Month June $235,000
Worst Month February $203,000

*Redfin Data Center (median sale price by month in 2019)

The best month to sell a house in Louisiana in terms of sale price is June. The median sale price in June is $235,000, which is 7.43% — or $16,250 — more than the annual average.

5 tips to get your Louisiana home sold

1. Hire an experienced local agent

While you might think that you can simply sell your home on your own, that’s a surefire way to sit on your home for longer than you should. Your home might take a few months to sell but it’ll take even longer if you don’t have someone dedicated to selling it in your corner. It’s also likely to sell for lower as you won’t have the negotiating prowess of an experienced local agent in your corner.

Hiring one of our Clever Partner agents ensures that you pay a flat rate of just $3,000 or 1% of any home that sells over $350,000. That means that you have a full-service agent who is motivated to sell your home and even knows the local market. They’ll be able to write you great copy that attracts buyers and ensure that you’re on the listing sites that net you the biggest return.

2. Repair and rehab

When buyers are walking through a home, they’re going to make quick judgments about the kind of home you’re trying to sell them if they see dirty walls and missing floorboards. While it might take some time and cost a few thousand dollars, it’s worth investing in small repairs that don’t distract from the home you’re trying to sell.

Get an inspector in advance of putting your home on the market. This will ensure that you’re able to fix problems in advance of your first showing. When you fix problems before you try to sell your home, you won’t have to negotiate with your buyers down the road about seller credits.

3. Add modern updates

If you want to attract the newest batch of homeowners, largely made up of millennials, you need to give them what they want. Most millennials are saddled with student debt and not as interested in buying a fixer-upper as previous generations were. They want to have a home with new elements that’s move-in ready.

As the tech industry boom has hit New Orleans, sellers in that region are going to want to ensure that their home has lots of touches related to convenience. Smart home tech and contemporary interior design will attract younger buyers if they’re in your market.

4. Take great photos

A picture is worth more than a few thousand dollars. The better your photos are, the easier it will be to get more showings of your home. Most home listing services are online, meaning that buyers are going to see your home on their phone before they see it anywhere else.

You need to have the best images possible to ensure that your home looks great when buyers first encounter it. If you try to take photos with your phone, you’re not going to show off your home in its best light.

5. Show off what other homes don’t have

When you’re selling in Louisiana, you need to focus on what your home has to offer versus other homes that are on the market. Having some acreage to go with your home can attract buyers who have kids and dogs.

You know what makes your home unique and different from other homes around you. An experienced local agent will also be able to tell you what will help your home sell. Listen to their advice and lean into the special things about your home.

Next steps for Louisiana home sellers

If you’re looking to sell your home fast in Louisiana and get a great price, Clever can help.

Clever negotiates reduced rates with top-rated real estate agents throughout Louisiana. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.

> Learn more about low-commission real estate agents here.

Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 43 days faster than the average time to offer in Louisiana.

Sell your house fast and save thousands!

Work with a top local agent for a fraction of the typical cost.