TRENDS: Local residential market continues to be strong

April 28, 2022

residential real estate — **Sales in Rouzan, an infill traditional neighborhood development, were strong prior to the pandemic and that demand is increased through 2021.** (Collin Richie)

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Increased prices for homes coupled with low inventory and selling times indicate the Baton Rouge residential market was extremely strong and experienced great demand in 2021. Local homes sales in 2021 increased by 21.18%, eclipsing the average from 2015 to 2019 by four times. Meanwhile, median home sale prices increased from $220,000 in 2020 to

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