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Is Buras, LA 70041 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Buras is a buyer’s market. With about 25.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply25.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list85.4%Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$55▼ −70.2% vs. last year

The Buras housing market right now

In the three months ending August 31, 2026, 0% of homes in Buras, LA 70041 sold above their list price and there were 25.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (445 days then) and the median sale price fell 45% to $174,924. Overall, Buras is less competitive than a year ago, which gives buyers more room.

Nearby, Belle Chasse 70037 (10% sold over asking) is even more competitive.

Run the numbers for 70041

Prefilled for 70041Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70041Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belle Chasse 70037Balanced $191 /sq ftBraithwaite 70040Seller’s market $124 /sq ftPort Sulphur 70083Buyer’s market $81 /sq ft Browse all markets →

Towns like Buras nearby

Find towns like Buras in other states →
Port Sulphur, LA70083 · 13 miles away58% similaryounger residents Saint Bernard, LA70085 · 40 miles away19% similarpricier homes ($91K more) · larger Braithwaite, LA70040 · 36 miles away7% similarhigher income ($49K more) · pricier homes ($94K more)

Where Buras is

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Questions about Buras real estate

Is Buras a buyer’s or seller’s market?

A buyer’s market: there were 25.6 months of supply in Buras, LA 70041 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

Do homes in Buras sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 85.4% of the list price.

What are property taxes in Buras?

About 0.50% of a home’s value a year in Plaquemines Parish, or roughly $2,000 on a $400,000 home.

What is the median home price in Buras?

The median sale price was $174,924 in the three months ending August 31, 2026, about $55 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology