Is Madisonville, LA 70447 a buyer’s or seller’s market?

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

Madisonville is a seller’s market. With about 3.3 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score41/ 100

More competitive than 40% of U.S. ZIP codes, and #24 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

Months of supply3.3Under 4 months = seller’s market
Sold above original list15%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$190▼ −1.7% vs. last year

The Madisonville housing market right now

In the three months ending August 31, 2026, 15% of homes in Madisonville, LA 70447 sold above their list price, the typical home went under contract in 56 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 116 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (15% then), homes sold more slowly (51 days then) and the median sale price rose 12% to $374,838. Overall, Madisonville is about as competitive as it was a year ago.

Within St. Tammany Parish, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Madisonville ranks #24 of 160 LA ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Folsom 70437 (5% sold over asking) or Bush 70431 (7% sold over asking), while Pearl River 70452 (19% sold over asking) is even more competitive.

Nearby markets

Abita Springs 70420Seller’s market $188 /sq ftBush 70431Balanced $162 /sq ftCovington 70433Seller’s market $181 /sq ftCovington 70435Seller’s market $172 /sq ft Browse all markets →

Where Madisonville is

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Questions about Madisonville real estate

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

A seller’s market: there were 3.3 months of supply in Madisonville, LA 70447 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 Madisonville?

The typical home went under contract in 56 days in the latest three months.

Do homes in Madisonville sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Madisonville?

About 0.71% of a home’s value a year in St. Tammany Parish, or roughly $2,840 on a $400,000 home.

What is the median home price in Madisonville?

The median sale price was $374,838 in the three months ending August 31, 2026, about $190 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