Is Elton, LA 70532 a buyer’s or seller’s market?

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

Elton is a seller’s market. With about 2.1 months of supply and 0% 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.

Months of supply2.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$39▼ −49.0% vs. last year

The Elton housing market right now

In the three months ending August 31, 2026, 0% of homes in Elton, LA 70532 sold above their list price, the typical home went under contract in 32 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 faster (132 days then) and the median sale price fell 75% to $39,883. Overall, Elton is more competitive than a year ago, so tougher for buyers.

Within Jefferson Davis Parish, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Lake Arthur 70549 (33% sold over asking) and Welsh 70591 (11% sold over asking) are even more competitive.

Nearby markets

Fenton 70640 — /sq ftJennings 70546Buyer’s market $106 /sq ftLacassine 70650Seller’s market $115 /sq ftLake Arthur 70549Buyer’s market $61 /sq ft Browse all markets →

Where Elton is

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Questions about Elton real estate

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

A seller’s market: there were 2.1 months of supply in Elton, LA 70532 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 Elton?

The typical home went under contract in 32 days in the latest three months.

Do homes in Elton sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.

What are property taxes in Elton?

About 0.29% of a home’s value a year in Jefferson Davis Parish, or roughly $1,160 on a $400,000 home.

What is the median home price in Elton?

The median sale price was $39,883 in the three months ending August 31, 2026, about $39 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