Is Opelousas, LA 70570 a buyer’s or seller’s market?
Opelousas is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 4% of U.S. ZIP codes, and #148 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Opelousas housing market right now
In the three months ending August 31, 2026, 7% of homes in Opelousas, LA 70570 sold above their list price, the typical home went under contract in 78 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 60 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold about as fast and the median sale price rose 25% to $191,167. Overall, Opelousas is less competitive than a year ago, which gives buyers more room.
Within St. Landry Parish, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Opelousas ranks #148 of 160 LA ZIP codes with enough sales (score 10 out of 100).
Nearby, buyers who want less competition could look at Morrow 71356 (0% sold over asking) or Krotz Springs 70750 (0% sold over asking).
Run the numbers for 70570
Nearby markets
Arnaudville 70512Balanced $154 /sq ftGrand Coteau 70541 $42 /sq ftKrotz Springs 70750Buyer’s market $133 /sq ftLeonville 70551 — /sq ft Browse all markets →Towns like Opelousas nearby
Find towns like Opelousas in other states →Where Opelousas is
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Questions about Opelousas real estate
Is Opelousas a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Opelousas, LA 70570 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 Opelousas?
The typical home went under contract in 78 days in the latest three months.
Do homes in Opelousas sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Opelousas?
About 0.29% of a home’s value a year in St. Landry Parish, or roughly $1,160 on a $400,000 home.
What is the median home price in Opelousas?
The median sale price was $191,167 in the three months ending August 31, 2026, about $114 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