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Is Bastrop, LA 71220 a buyer’s or seller’s market?

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

Bastrop is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$81▼ −1.0% vs. last year

The Bastrop housing market right now

In the three months ending August 31, 2026, 0% of homes in Bastrop, LA 71220 sold above their list price, the typical home went under contract in 66 days and there were 5.6 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 24 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (28 days then) and the median sale price fell 20% to $147,936. Overall, Bastrop is less competitive than a year ago, which gives buyers more room.

Run the numbers for 71220

Prefilled for 71220Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71220Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Collinston 71229Buyer’s market $36 /sq ftMer Rouge 71261Seller’s market $67 /sq ftOak Ridge 71264 — /sq ft Browse all markets →

Towns like Bastrop nearby

Find towns like Bastrop in other states →
Crossett, AR71635 · 26 miles away82% similarsmaller · older residents Hamburg, AR71646 · 29 miles away81% similarsmaller Oak Grove, LA71263 · 28 miles away76% similarsmaller · older residents Rayville, LA71269 · 26 miles away75% similarpricier homes ($34K more) · smaller

Where Bastrop is

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Questions about Bastrop real estate

Is Bastrop a buyer’s or seller’s market?

A balanced market: there were 5.6 months of supply in Bastrop, LA 71220 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 Bastrop?

The typical home went under contract in 66 days in the latest three months.

Do homes in Bastrop sell over asking?

0% of homes sold above their original list price.

What are property taxes in Bastrop?

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

What is the median home price in Bastrop?

The median sale price was $147,936 in the three months ending August 31, 2026, about $81 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