Is Leonville, LA 70551 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Leonville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Leonville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

St. Landry Parish, LA

Population	570
Median income	$44,924
Average income	$53,470
Owner-occupied	97% of homes
Median year built	1969

Natural hazard riskHurricanes (relatively high), extreme heat (relatively high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 70551; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 70551

Prefilled for 70551Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70551Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arnaudville 70512Balanced $154 /sq ft Grand Coteau 70541 $42 /sq ft Krotz Springs 70750Buyer’s market $133 /sq ft Melville 71353 — /sq ft Browse all markets →

Where Leonville is

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Questions about Leonville real estate

What are property taxes in Leonville?

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

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More tools for 70551

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value St. Landry Parish property taxes St. Landry Parish loan limits Closing costs in Louisiana Hottest ZIP codes in Louisiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology