Is now a good time to buy land in Saint Martinville, Louisiana?
Saint Martinville, Louisiana is currently a strong buyer's market with 19.0 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
19.0 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 | 6 |
| 1-2 acres | 1 | 1 | 1 | 2 |
| 2-5 acres | - | - | 2 | 6 |
| 5-10 acres | - | 1 | 1 | 3 |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | 1 | 1 | 2 | 3 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 2 | 5 | 8 | 24 |
Saint Martinville, Louisiana is currently a strong buyer's market with 19.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Saint Martinville, Louisiana currently has 19.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 38 active listings in Saint Martinville, Louisiana. 4 new listings have hit the market in the last 90 days. The median asking price is $25K.
The current absorption rate in Saint Martinville, Louisiana is 5.3% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX Acadiana.
Land in Saint Martinville, Louisiana typically sells within 182 days of listing. The median time on market is 191 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Saint Martinville, Louisiana saw 24 properties sold. In just the last 3 months, 6 properties changed hands.
The 3-month absorption rate in Saint Martinville, Louisiana is 5.3%. The 12-month rate is 5.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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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