Baton Rouge, LA 70802 Real Estate Market Report

ZIP Code: 70802
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. The primary market value indicator is the median sold price of $111,000; this representative recent sale level, combined with a median days on market of 322, suggests slower sales velocity and greater time required to convert listings into closed transactions.

2. There is a gap between the median listing price ($116,500) and the median sold price ($111,000), which may indicate pricing friction as sellers test price expectations while buyers drive finalized transactions closer to the lower sold-price level; this dynamic aligns with the market temperature classified as cold.

3. Pricing intensity is muted: the median price per square foot is $99.81, and the broader price year-over-year trend is reported as flat, implying limited upward momentum for nominal property values in the near term.

4. Rental fundamentals remain a relative bright spot with a median market rent of $1,304 and a rent year-over-year trend of up; combined with moderate interest rate pressure (moderate), this supports steady rental demand even as sales activity cools.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Baton Rouge, LA 70802 Real Estate Market Report

ZIP Code: 70802
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. 196,000 is the representative recent transaction level as shown by the median sold price; this suggests current market value is anchored by completed sales rather than asking expectations, and given the cold market temperature sellers should expect negotiation pressure and longer time to close.

2. There is a meaningful spread between 109,000 (median listing price) and 196,000 (median sold price), which may indicate pricing friction or divergent seller expectations versus recent sale outcomes; agents should prioritize comparables and price positioning to avoid extended marketing periods.

3. The median days on market of 383 points to slower sales velocity and constrained transaction liquidity relative to faster-moving cycles; sellers should plan for extended holding carry and buyers can leverage patience during negotiations.

4. Rental fundamentals are supportive: the median market rent is 1,428 and rent year-over-year trend is up, indicating steady rental demand that may offer owners alternative strategies (hold for cash flow) while interest rate pressure remains moderate.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.