Is now a good time to buy land in Westlake, Louisiana?
Westlake, Louisiana is currently a strong buyer's market with 37.0 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
37.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 5 | 13 |
| 1-2 acres | 2 | 3 | 3 | 5 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 6 | 8 | 19 |
Westlake, Louisiana is currently a strong buyer's market with 37.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Westlake, Louisiana currently has 37.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Westlake, Louisiana typically sells within 143 days of listing. The median time on market is 87 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Westlake, Louisiana is 2.7% (3-month basis), indicating slow demand.
There are currently 74 active listings in Westlake, Louisiana. 14 new listings have hit the market in the last 90 days. The median asking price is $52K.
The 3-month absorption rate in Westlake, Louisiana is 2.7%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Westlake, Louisiana saw 19 properties sold. In just the last 3 months, 6 properties changed hands.
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.