Is Patterson, LA 70392 a buyer’s or seller’s market?
Patterson is a buyer’s market. With about 9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Patterson housing market right now
In the three months ending August 31, 2026, 20% of homes in Patterson, LA 70392 sold above their list price, the typical home went under contract in 30 days and there were 9 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 29%, homes sold faster (35 days then) and the median sale price rose 66% to $248,892. Overall, Patterson is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Baldwin 70514 (0% sold over asking) or Franklin 70538 (7% sold over asking).
Run the numbers for 70392
Nearby markets
Baldwin 70514Buyer’s market $39 /sq ftBerwick 70342Seller’s market $154 /sq ftFranklin 70538Buyer’s market $77 /sq ft Browse all markets →Towns like Patterson nearby
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Questions about Patterson real estate
Is Patterson a buyer’s or seller’s market?
A buyer’s market: there were 9 months of supply in Patterson, LA 70392 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 Patterson?
The typical home went under contract in 30 days in the latest three months.
Do homes in Patterson sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Patterson?
About 0.39% of a home’s value a year in St. Mary Parish, or roughly $1,560 on a $400,000 home.
What is the median home price in Patterson?
The median sale price was $248,892 in the three months ending August 31, 2026, about $107 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