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Is Erath, LA 70533 a buyer’s or seller’s market?

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

Erath is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$94▼ −10.5% vs. last year

The Erath housing market right now

In the three months ending August 31, 2026, 20% of homes in Erath, LA 70533 sold above their list price, the typical home went under contract in 74 days and there were 9.6 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 rose from 0%, homes sold more slowly (25 days then) and the median sale price fell 21% to $140,939. Overall, Erath is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Abbeville 70510 (7% sold over asking) or Kaplan 70548 (17% sold over asking).

Run the numbers for 70533

Prefilled for 70533Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70533Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abbeville 70510Buyer’s market $81 /sq ftGueydan 70542 — /sq ftKaplan 70548Balanced $97 /sq ftMaurice 70555Seller’s market $146 /sq ft Browse all markets →

Towns like Erath nearby

Find towns like Erath in other states →
Rayne, LA70578 · 24 miles away89% similarlarger Duson, LA70529 · 18 miles away88% similarpricier homes ($46K more) · larger Jeanerette, LA70544 · 23 miles away88% similarcheaper homes ($37K less) · older homes Scott, LA70583 · 21 miles away87% similarVery close on income, prices and more

Where Erath is

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Questions about Erath real estate

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

A buyer’s market: there were 9.6 months of supply in Erath, LA 70533 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 Erath?

The typical home went under contract in 74 days in the latest three months.

Do homes in Erath sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Erath?

About 0.36% of a home’s value a year in Vermilion Parish, or roughly $1,440 on a $400,000 home.

What is the median home price in Erath?

The median sale price was $140,939 in the three months ending August 31, 2026, about $94 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