Is Montegut, LA 70377 a buyer’s or seller’s market?
Montegut is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Montegut housing market right now
In the three months ending August 31, 2026, 0% of homes in Montegut, LA 70377 sold above their list price, the typical home went under contract in 75 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 75%, homes sold faster (356 days then) and the median sale price fell 49% to $86,962. Overall, Montegut is more competitive than a year ago, so tougher for buyers.
Within Terrebonne Parish, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Houma 70360 (14% sold over asking) and Houma 70363 (13% sold over asking) are even more competitive.
Run the numbers for 70377
Nearby markets
Chauvin 70344Buyer’s market $94 /sq ftDulac 70353Buyer’s market $114 /sq ftGibson 70356Seller’s market $166 /sq ftGray 70359Balanced $158 /sq ft Browse all markets →Towns like Montegut nearby
Find towns like Montegut in other states →Where Montegut is
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Questions about Montegut real estate
Is Montegut a buyer’s or seller’s market?
A buyer’s market: there were 7 months of supply in Montegut, LA 70377 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 Montegut?
The typical home went under contract in 75 days in the latest three months.
Do homes in Montegut sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 84.8% of the list price.
What are property taxes in Montegut?
About 0.45% of a home’s value a year in Terrebonne Parish, or roughly $1,800 on a $400,000 home.
What is the median home price in Montegut?
The median sale price was $86,962 in the three months ending August 31, 2026, about $69 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