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Is Basile, LA 70515 a buyer’s or seller’s market?

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

Basile is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market117Listing to accepted offer
Median price per sq ft$30▼ −4.3% vs. last year

The Basile housing market right now

In the three months ending August 31, 2026, 0% of homes in Basile, LA 70515 sold above their list price, the typical home went under contract in 117 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (42 days then) and the median sale price rose 94% to $45,480. Overall, Basile is less competitive than a year ago, which gives buyers more room.

Within Acadia Parish, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Iota 70543 (20% sold over asking) and Rayne 70578 (17% sold over asking) are even more competitive.

Run the numbers for 70515

Prefilled for 70515Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70515Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Branch 70516Buyer’s market $126 /sq ftChurch Point 70525Buyer’s market $122 /sq ftCrowley 70526Balanced $82 /sq ftEgan 70531Buyer’s market $177 /sq ft Browse all markets →

Towns like Basile nearby

Find towns like Basile in other states →
Lake Arthur, LA70549 · 29 miles away71% similarVery close on income, prices and more Morse, LA70559 · 26 miles away55% similarcheaper homes ($51K less) · more renters Saint Landry, LA71367 · 32 miles away49% similarsmaller · older residents Gueydan, LA70542 · 33 miles away45% similarcheaper homes ($44K less) · older residents

Where Basile is

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Questions about Basile real estate

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

A buyer’s market: there were 6.4 months of supply in Basile, LA 70515 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 Basile?

The typical home went under contract in 117 days in the latest three months.

Do homes in Basile sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.

What are property taxes in Basile?

About 0.31% of a home’s value a year in Acadia Parish, or roughly $1,240 on a $400,000 home.

What is the median home price in Basile?

The median sale price was $45,480 in the three months ending August 31, 2026, about $30 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