Is Lake Charles, LA 70607 a buyer’s or seller’s market?

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

Lake Charles is a seller’s market. With about 2.6 months of supply and 6% 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.

Competition score30/ 100

More competitive than 26% of U.S. ZIP codes, and #69 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 supply2.6Under 4 months = seller’s market
Sold above original list5.9%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$133▼ −0.4% vs. last year

The Lake Charles housing market right now

In the three months ending August 31, 2026, 6% of homes in Lake Charles, LA 70607 sold above their list price, the typical home went under contract in 58 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 121 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold faster (109 days then) and the median sale price held steady to $236,648. Overall, Lake Charles is more competitive than a year ago, so tougher for buyers.

Within Calcasieu Parish, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Lake Charles ranks #69 of 160 LA ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Starks 70661 (0% sold over asking) or Iowa 70647 (0% sold over asking), while Vinton 70668 (33% sold over asking) and Lake Charles 70611 (9% sold over asking) are even more competitive.

Nearby markets

Dequincy 70633Seller’s market $132 /sq ftHayes 70646Buyer’s market $159 /sq ftIowa 70647Seller’s market $144 /sq ftLake Charles 70601Balanced $98 /sq ft Browse all markets →

Where Lake Charles is

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Questions about Lake Charles real estate

Is Lake Charles a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Lake Charles, LA 70607 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 Lake Charles?

The typical home went under contract in 58 days in the latest three months.

Do homes in Lake Charles sell over asking?

6% 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 Lake Charles?

About 0.45% of a home’s value a year in Calcasieu Parish, or roughly $1,800 on a $400,000 home.

What is the median home price in Lake Charles?

The median sale price was $236,648 in the three months ending August 31, 2026, about $133 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