Is now a good time to buy land in New Roads, Louisiana?
New Roads, Louisiana is currently a strong buyer's market with 66.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
66.0 months of supply
High inventory favors buyers with more choices and negotiating power.
Louisiana does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 6 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 1 | 1 | 7 |
New Roads, Louisiana is currently a strong buyer's market with 66.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
New Roads, Louisiana currently has 66.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, New Roads, Louisiana saw 7 properties sold. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in New Roads, Louisiana is 1.5%. The 12-month rate is 2.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in New Roads, Louisiana typically sells within 80 days of listing. The median time on market is 47 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in New Roads, Louisiana is 1.5% (3-month basis), indicating slow demand. The top-performing broker in this market is Ken Major Realty.
There are currently 22 active listings in New Roads, Louisiana. 4 new listings have hit the market in the last 90 days. The median asking price is $152K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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