May 2025 Real Estate Market Update: Mandeville & St. Tammany Parish
Mandeville Lakefront
As we move into the heart of 2025, the real estate landscape in Mandeville and the broader St. Tammany Parish is showcasing notable shifts. Whether you're considering buying, selling, or investing, understanding these trends is crucial.
Market Snapshot
Mandeville Median Home Price: $358,400, reflecting a 23.5% decrease year-over-year.
St. Tammany Parish Median Home Price: $303,500, marking a 6.3% increase from the previous year.
Average Days on Market:
Mandeville: 52 days, down from 72 days last year.
St. Tammany Parish: 61 days, a decrease from 68 days in March 2025.
Homes Sold in Mandeville: 26 in April 2025, up from 14 in April 2024.
Interpreting the Trends
The contrasting trends between Mandeville and the broader St. Tammany Parish highlight the importance of localized market analysis. While Mandeville has seen a significant drop in median home prices, the overall parish continues to experience growth. The decrease in days on market across both regions suggests a more competitive environment, with homes selling faster than before.
Inventory Insights
An increase in active listings provides buyers with more options, but the faster turnover indicates that desirable properties are still moving quickly. Sellers should be prepared for a dynamic market where pricing and presentation are key.
Tips for Buyers and Sellers
Buyers: With more listings available, take the time to explore options, but be ready to act swiftly on properties that meet your criteria.
Sellers: Ensure your property is competitively priced and well-presented to attract serious buyers in this fast-paced market.
For personalized guidance and insights into the Mandeville and St. Tammany Parish real estate markets, reach out to Three45 Realty. Our team is here to help you navigate the evolving landscape with confidence.
Contact Us:
Tim Keller
985-705-5306
Tim@Three45Realty.com
Three45 Realty
Mandeville, LA
LREC
