Is Gramercy, LA 70052 a buyer’s or seller’s market?
Gramercy is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gramercy housing market right now
In the three months ending August 31, 2026, 17% of homes in Gramercy, LA 70052 sold above their list price, the typical home went under contract in 31 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (39 days then) and the median sale price rose 19% to $232,399. Overall, Gramercy is about as competitive as it was a year ago.
Nearby, buyers who want less competition could look at Paulina 70763 (0% sold over asking) or Vacherie 70090 (0% sold over asking), while Lutcher 70071 (100% sold over asking) is even more competitive.
Run the numbers for 70052
Nearby markets
Convent 70723 — /sq ftLutcher 70071Buyer’s market $166 /sq ftPaulina 70763Buyer’s market $145 /sq ftVacherie 70090Balanced $164 /sq ft Browse all markets →Towns like Gramercy nearby
Find towns like Gramercy in other states →Where Gramercy is
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Questions about Gramercy real estate
Is Gramercy a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Gramercy, LA 70052 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gramercy?
The typical home went under contract in 31 days in the latest three months.
Do homes in Gramercy sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Gramercy?
About 0.53% of a home’s value a year in St. James Parish, or roughly $2,120 on a $400,000 home.
What is the median home price in Gramercy?
The median sale price was $232,399 in the three months ending August 31, 2026, about $142 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