Is Egan, LA 70531 a buyer’s or seller’s market?

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

Egan 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-list100%Sold price ÷ list price
Median days on market160Listing to accepted offer
Median price per sq ft$177

The Egan housing market right now

In the three months ending August 31, 2026, 0% of homes in Egan, LA 70531 sold above their list price, the typical home went under contract in 160 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 1 sale, these figures can swing a lot from month to month.

Within Acadia Parish, homes here sell more slowly than in 86% 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.

Nearby markets

Basile 70515Buyer’s market $30 /sq ftBranch 70516Buyer’s market $126 /sq ftChurch Point 70525Buyer’s market $122 /sq ftCrowley 70526Balanced $82 /sq ft Browse all markets →

Where Egan is

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Questions about Egan real estate

Is Egan a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Egan, LA 70531 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 Egan?

The typical home went under contract in 160 days in the latest three months.

Do homes in Egan sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Egan?

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 Egan?

The median sale price was $288,675 in the three months ending August 31, 2026, about $177 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