Is now a good time to buy land in Elton, Louisiana?
Elton, Louisiana is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 6 |
Elton, Louisiana is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Elton, Louisiana currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Elton, Louisiana saw 6 properties sold. In just the last 3 months, 2 properties changed hands.
Land in Elton, Louisiana typically sells within 64 days of listing. The median time on market is 38 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 3-month absorption rate in Elton, Louisiana is 7.4%. The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 9 active listings in Elton, Louisiana. 4 new listings have hit the market in the last 90 days. The median asking price is $75K.
The current absorption rate in Elton, Louisiana is 7.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Kirt J. Guidry Real Estate.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.