Is Saint Martinville, LA 70582 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Saint Martinville is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score32/ 100

More competitive than 29% of U.S. ZIP codes, and #59 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

Months of supply4.8Under 4 months = seller’s market
Sold above original list13.6%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$113▲ +26.7% vs. last year

The Saint Martinville housing market right now

In the three months ending August 31, 2026, 14% of homes in Saint Martinville, LA 70582 sold above their list price, the typical home went under contract in 33 days and there were 4.8 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 23 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (52 days then) and the median sale price rose 12% to $186,919. Overall, Saint Martinville is more competitive than a year ago, so tougher for buyers.

On our competition score, Saint Martinville ranks #59 of 160 LA ZIP codes with enough sales (score 32 out of 100).

Nearby markets

Breaux Bridge 70517Balanced $128 /sq ft Browse all markets →

Where Saint Martinville is

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Questions about Saint Martinville real estate

Is Saint Martinville a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Saint Martinville, LA 70582 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 Saint Martinville?

The typical home went under contract in 33 days in the latest three months.

Do homes in Saint Martinville sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Saint Martinville?

About 0.44% of a home’s value a year in St. Martin Parish, or roughly $1,760 on a $400,000 home.

What is the median home price in Saint Martinville?

The median sale price was $186,919 in the three months ending August 31, 2026, about $113 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