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Is Lutcher, LA 70071 a buyer’s or seller’s market?

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

Lutcher is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list104.3%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$166▲ +42.1% vs. last year

The Lutcher housing market right now

In the three months ending August 31, 2026, 100% of homes in Lutcher, LA 70071 sold above their list price, the typical home went under contract in 6 days and there were 19.2 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 rose from 0%, homes sold faster (89 days then) and the median sale price rose 54% to $239,896. Overall, Lutcher is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Paulina 70763 (0% sold over asking) or Vacherie 70090 (0% sold over asking).

Run the numbers for 70071

Prefilled for 70071Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70071Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Convent 70723 — /sq ftGramercy 70052Buyer’s market $142 /sq ftPaulina 70763Buyer’s market $145 /sq ftVacherie 70090Balanced $164 /sq ft Browse all markets →

Towns like Lutcher nearby

Find towns like Lutcher in other states →
Reserve, LA70084 · 9 miles away76% similarcheaper homes ($67K less) · larger Norco, LA70079 · 17 miles away76% similaryounger residents Lockport, LA70374 · 33 miles away74% similarcheaper homes ($42K less) · larger Gramercy, LA70052 · 1 miles away67% similaryounger residents · newer homes

Where Lutcher is

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Questions about Lutcher real estate

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

A buyer’s market: there were 19.2 months of supply in Lutcher, LA 70071 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 Lutcher?

The typical home went under contract in 6 days in the latest three months.

Do homes in Lutcher sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 104.3% of the list price.

What are property taxes in Lutcher?

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 Lutcher?

The median sale price was $239,896 in the three months ending August 31, 2026, about $166 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