Is La Place, LA 70068 a buyer’s or seller’s market?
La Place is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 16% of U.S. ZIP codes, and #100 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The La Place housing market right now
In the three months ending August 31, 2026, 12% of homes in La Place, LA 70068 sold above their list price, the typical home went under contract in 79 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 69 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (66 days then) and the median sale price rose 8% to $229,901. Overall, La Place is less competitive than a year ago, which gives buyers more room.
On our competition score, La Place ranks #100 of 160 LA ZIP codes with enough sales (score 22 out of 100).
Nearby, buyers who want less competition could look at Reserve 70084 (0% sold over asking) or Mount Airy 70076 (0% sold over asking).
Run the numbers for 70068
Nearby markets
Edgard 70049 — /sq ftGaryville 70051Buyer’s market $115 /sq ftMount Airy 70076 $40 /sq ftReserve 70084Buyer’s market $125 /sq ft Browse all markets →Towns like La Place nearby
Find towns like La Place in other states →Where La Place is
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Questions about La Place real estate
Is La Place a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in La Place, LA 70068 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 La Place?
The typical home went under contract in 79 days in the latest three months.
Do homes in La Place sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in La Place?
About 0.45% of a home’s value a year in St. John the Baptist Parish, or roughly $1,800 on a $400,000 home.
What is the median home price in La Place?
The median sale price was $229,901 in the three months ending August 31, 2026, about $129 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