Buyers Didn't Leave – Sellers Did: South Louisiana May 2026 Market Update | RE: Real Estate Podcast
Buyers Didn’t Leave – Sellers Did: South Louisiana May 2026 Market Update | RE: Real Estate Podcast
Content Type
Discussion
Primary Goal
Understand whether May 2026’s South Louisiana market favors buyers or sellers – and know what that means for your next move.
Keywords
south louisiana real estate, houma thibodaux housing market, lafourche parish homes for sale, terrebonne parish real estate, bayou board MLS, may 2026 market update, seller's market south louisiana, home inventory 2026, thibodaux real estate, houma home prices
Summary
New listings in South Louisiana dropped nearly 26% in May 2026 – but buyers didn’t go anywhere. Closings were up 23%, months of supply slid to 6.0, and prices firmed month over month. Clint and Ben break down the Bayou Board numbers and compare Lafourche and Terrebonne parishes side by side.
Key Topics
• May 2026 Bayou Board MLS: new listings down 26%, closings up 23%
• Months of supply drops from 8.1 to 6.0 – what the balance threshold means
• Median sales price up 3.1% for the month to $220,500
• Lafourche Parish: tighter, pricier, driven by the Thibodaux market
• Terrebonne Parish: fastest-tightening market in the region – supply down 30.8%
• Days on market: why the board’s 112-day average and RPR’s median tell different stories
• What this market means for buyers, sellers, and owners watching their equity
• Homework: check your block’s supply-demand ratio – not the headlines
Title Options
• Is South Louisiana Shifting to a Seller’s Market? May 2026 Data | RE: Real Estate Podcast
• Lafourche vs. Terrebonne: Who’s Tightening Fastest in May 2026? | RE: Real Estate Podcast
• South Louisiana May 2026: Fewer Listings, More Sales, Firmer Prices | RE: Real Estate Podcast
Sound Bites
“Sellers put a quarter fewer homes on the market. Closings are up 23%. Buyers didn’t leave. Homes just got harder to find.”
“Six months of supply is the textbook balance line – and we slid right down to it from a much softer eight months a year ago.”
“Hesitation will cost more in a tightening market – by the time you decide you want to make a move, that home is probably already under contract.”
“Sellers are giving up under four cents on the dollar.”
“One month is a snapshot, not a trend.”
Chapters
00:00 Cold open – fewer listings, more closings
01:05 Welcome & episode overview
02:21 Three takeaways: supply squeeze, strong demand, diverging parishes
03:17 Bayou Board supply numbers – listings & inventory down
04:13 Months of supply hits 6.0 – the balance threshold
05:27 Pending & closed sales up double digits
06:00 Median sales price & affordability index
08:21 Lafourche Parish deep dive
10:16 Terrebonne Parish deep dive – fastest tightening
12:00 Days on market: board vs. RPR – why the numbers differ
12:55 What it means for buyers, sellers & owners
14:53 Homework: measure your block’s supply-demand ratio
15:32 Recap & closing
Resources
Bayou Board of Realtors: bayouboard.com
Bayou Board May 2026 Market Report: View Report (Google Drive)
Lafourche Parish Market Trends – May 2026: View Report (Google Drive)
Terrebonne Parish Market Trends – May 2026: View Report (Google Drive)
Louisiana Realtors: larealtors.org
RPR – Realtors Property Resource: narrpr.com
Show Links
Website: rerealestatepodcast.com
YouTube: youtube.com/@REREALESTATEPODCAST
Facebook: facebook.com/rerealestatepodcast
Instagram: instagram.com/rerealestatepodcast
TikTok: tiktok.com/@rerealestatepodcast
Find every episode at rerealestatepodcast.com – subscribe wherever you get your podcasts.
Hosts
Ben Harang
REALTOR® | Keller Williams Realty Bayou Partners
La. License #: 36589
Mobile: 985.859.2500 | Office: 985.262.4400
ben@benharang.com | benharang.com
Clint C. Galliano
REALTOR® | Keller Williams Realty Bayou Partners
La. License #: 995704723
Mobile: 985.647.4479 | SMS Hotline: (985) 200-5447
Office: 985.262.4400
clint.galliano@kw.com | SoLahomegroup.com
Creators and Guests
Host
Ben Harang
Ben Harang brings over 30 years of experience as a licensed agent and currently works with Keller Williams Realty Bayou Partners. Ben’s experience includes single family residential sales, large land sales, subdivision development, building new construction residential and commercial projects and selling REO/Foreclosed properties.
Host
Clint C. Galliano
Clint Galliano, who’s been an agent since 2020 & an investor since 2008, also with Keller Williams Realty Bayou Partners. Clint’s experience includes residential sales, residential rentals, property management, and various avenues of investing.
