48Alpha

Terrebonne Parish, LA Housing Market Brief

county · LA · score computed October 2026

Balanced

What is Terrebonne Parish, LA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●19
Inventory Health25%
●31

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●52
Economic Strength20%
●76
Rental Yield15%
●75

Where is Terrebonne Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Terrebonne Parish, LA is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Terrebonne Parish, LA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Terrebonne Parish, LA housing market data

MetricValueYoYSource
Median Sale Price$251K▲ +9.1%Redfin
Median Days on Market71 days▼ -18.4%Redfin
Months of Supply5.2▼ -16.1%Redfin
Homes for Sale378▼ -20.9%Redfin
Homes Sold73▼ -5.2%Redfin
Median Price / Sq Ft$148▲ +12.2%Redfin

How has Terrebonne Parish, LA’s Alpha Score moved?

Now: 48
2-period trend
Median sale price · 12 mo

Markets like Terrebonne Parish, LA

Frequently asked questions

Is Terrebonne Parish, LA a buyer's or seller's market?

In the scores computed October 2026, Terrebonne Parish, LA is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Terrebonne Parish, LA?

The median sale price in Terrebonne Parish, LA is $251K, having risen 9.1% over the past year, according to Redfin.

How affordable is Terrebonne Parish, LA?

Terrebonne Parish, LA scores 52 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Terrebonne Parish, LA's Alpha Score?

Terrebonne Parish, LA's strongest dimension is Economic Strength (76/100) and its weakest is Price Momentum (19/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Terrebonne Parish, LA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.