Are sellers cutting their asking price in Houma, LA?
In Houma, LA, 27% of the homes on the market cut their asking price during May 2026 — roughly 3 in every 10 listings. A year earlier it was 25%, so more sellers are cutting now.
A price cut means a home was listed, did not sell at that number, and the seller lowered it. It is the clearest sign of the gap between what sellers are asking and what buyers will pay, and it shows up months before it shows up in sale prices.
Cutting is more common than it was a year ago — up about 2 points. That usually means asking prices have run ahead of what buyers are willing to do.
The other side of the same market: 13% of homes here sold for MORE than the asking price. Read the two together: the well-priced homes still move, the ambitious ones do not.
Over the last 36 months the highest this got was 30%, in July 2025.
If you are selling here, the number to take from this is that about 3 in 10 of your competitors got their first price wrong. If you are buying, a home that has already been cut once is a seller who has accepted that the market disagreed with them.
One caution: price cuts are seasonal everywhere. Listings that sit through the summer get cut in the fall. That is why the honest comparison is to the same month a year ago, which is the one we show, rather than to last month.
Source: Redfin's published market data for the Houma, LA area, through May 2026.
Are you the agent for Houma, LA?
We build this page's numbers into a one-page report with your name, brokerage and phone on it, for up to three areas you work — emailed to you fresh every month. Forward it to clients. $49 a month, cancel anytime.
See a real sample report first — no email needed.
More about the Houma, LA market
- When is the best month to sell a house in Houma, LA?
- How long does it take to sell a house in Houma, LA?
- Do homes sell above asking price in Houma, LA?
- Are home prices going up or down in Houma, LA?
- Is Houma, LA a buyer's market or a seller's market?
- Is the housing market slowing down in Houma, LA?
- What is the average home price in Houma, LA?
- How many homes are for sale in Houma, LA?
- All Houma, LA housing numbers
Other markets
- Are sellers cutting prices in New Orleans, LA?
- Are sellers cutting prices in Baton Rouge, LA?
- Are sellers cutting prices in Lafayette, LA?
- Are sellers cutting prices in Shreveport, LA?
- Are sellers cutting prices in Lake Charles, LA?
- Are sellers cutting prices in Monroe, LA?
- Are sellers cutting prices in Hammond, LA?
- Are sellers cutting prices in Alexandria, LA?
Figures come from Redfin's published market data for the Houma, LA area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.