Is now a good time to buy land in Raceland, Louisiana?
Raceland, Louisiana is currently a strong buyer's market with 67.0 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
67.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 3 | 5 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | 1 | 1 | 5 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 5 | 12 |
Raceland, Louisiana is currently a strong buyer's market with 67.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Raceland, Louisiana currently has 67.0 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, Raceland, Louisiana saw 12 properties sold. In just the last 3 months, 3 properties changed hands.
The 3-month absorption rate in Raceland, Louisiana is 1.5%. The 12-month rate is 1.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 67 active listings in Raceland, Louisiana. 5 new listings have hit the market in the last 90 days. The median asking price is $55K.
Land in Raceland, Louisiana typically sells within 89 days of listing. The median time on market is 68 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Raceland, Louisiana is 1.5% (3-month basis), indicating slow demand. The top-performing broker in this market is CENTRAL LAFOURCHE REALTY LLC.
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.