Is Iowa, LA 70647 a buyer’s or seller’s market?
Iowa is a seller’s market. With about 2.6 months of supply and 0% 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.
More competitive than 22% of U.S. ZIP codes, and #81 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 Iowa housing market right now
In the three months ending August 31, 2026, 0% of homes in Iowa, LA 70647 sold above their list price, the typical home went under contract in 54 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 40 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold faster (122 days then) and the median sale price rose 10% to $258,388. Overall, Iowa is more competitive than a year ago, so tougher for buyers.
Within Calcasieu Parish, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Iowa ranks #81 of 160 LA ZIP codes with enough sales (score 27 out of 100).
Nearby, Vinton 70668 (33% sold over asking) and Lake Charles 70611 (9% sold over asking) are even more competitive.
Run the numbers for 70647
Nearby markets
Dequincy 70633Seller’s market $132 /sq ftHayes 70646Buyer’s market $159 /sq ftLake Charles 70601Balanced $98 /sq ftLake Charles 70605Seller’s market $142 /sq ft Browse all markets →Towns like Iowa nearby
Find towns like Iowa in other states →Where Iowa is
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Questions about Iowa real estate
Is Iowa a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Iowa, LA 70647 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 Iowa?
The typical home went under contract in 54 days in the latest three months.
Do homes in Iowa sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Iowa?
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 Iowa?
The median sale price was $258,388 in the three months ending August 31, 2026, about $144 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