Northshore Real Estate Market Update — May 2026 | Rêve Realtors
The Northshore was a seller's market this May, with 3.8 months of supply across St. Tammany. Home sales climbed 18.1% from last year to 366, the median held steady at $328,427, and sellers took home over 97% of their asking price. Demand showed up everywhere — from Covington's surge in sales to Pearl River's near sellout. Here is how it looked city by city.
Northshore Communities
Mandeville
| Metric | May 2026 | YoY Change |
| Median Sale Price | $425,000 | -10.1% |
| Price per Sq Ft | $184 | -1.1% |
| Avg Days on Market | 50 | +3 days |
| Active Listings | 165 | -11.3% |
| Months of Supply | 3.2 | — |
| Closed Sales | 52 | -17.5% |
| Pending Sales | 68 | +7.9% |
| Sale-to-List Ratio | 96.1% | — |
Mandeville's median eased to $425,000 this May, but demand stayed strong — more homes went under contract than actually closed, with 68 pending against 52 sales. As the Northshore's premier community, Mandeville continues to draw buyers, and that deep pipeline of pending sales points to a busy summer ahead.
Covington
| Metric | May 2026 | YoY Change |
| Median Sale Price | $353,500 | +11.5% |
| Price per Sq Ft | $175 | +1.8% |
| Avg Days on Market | 54 | 0 days |
| Active Listings | 370 | -1.3% |
| Months of Supply | 3.5 | — |
| Closed Sales | 107 | +69.8% |
| Pending Sales | 86 | -9.5% |
| Sale-to-List Ratio | 98.0% | — |
Covington stole the show this May. Home sales surged nearly 70% from last year to 107, the median climbed 11.5% to $353,500, and homes sold at 98% of asking. Whether buyers are drawn to the historic downtown or new construction on the edges, Covington has become the Northshore's hottest market — with prices and demand rising together.
Madisonville
| Metric | May 2026 | YoY Change |
| Median Sale Price | $398,750 | -3.9% |
| Price per Sq Ft | $184 | -5.7% |
| Avg Days on Market | 40 | +9 days |
| Active Listings | 111 | -14.0% |
| Months of Supply | 4.1 | — |
| Closed Sales | 27 | -15.6% |
| Pending Sales | 31 | -11.4% |
| Sale-to-List Ratio | 98.8% | — |
Madisonville kept up a brisk pace this May. The median held near $398,750, and homes sold in under 40 days at almost 99% of asking — the quickest pace on the Northshore. With its riverfront character and easy access, Madisonville remains a market where well-priced homes sell fast.
Abita Springs
| Metric | May 2026 | YoY Change |
| Median Sale Price | $313,000 | +10.0% |
| Price per Sq Ft | $170 | +1.0% |
| Avg Days on Market | 72 | -25 days |
| Active Listings | 35 | -25.5% |
| Months of Supply | 4.4 | — |
| Closed Sales | 8 | +14.3% |
| Pending Sales | 11 | +83.3% |
| Sale-to-List Ratio | 96.6% | — |
Abita Springs saw its median rise 10% to $313,000 this May. With a balanced market and its signature wooded, small-town character, Abita continues to attract buyers looking for a little more space and a slower pace — all within easy reach of Covington and Mandeville.
Lacombe
| Metric | May 2026 | YoY Change |
| Median Sale Price | $299,035 | +27.2% |
| Price per Sq Ft | $148 | -9.3% |
| Avg Days on Market | 40 | -28 days |
| Active Listings | 68 | +3.0% |
| Months of Supply | 8.5 | — |
| Closed Sales | 8 | -33.3% |
| Pending Sales | 25 | +316.7% |
| Sale-to-List Ratio | 99.2% | — |
Lacombe's median climbed 27.2% to $299,035 this May, and the momentum runs deeper than the sales count shows: 25 homes went under contract during the month. That pipeline points to a strong stretch ahead. For buyers drawn to wooded lots and real value between Mandeville and Slidell, Lacombe is quietly heating up.
Slidell
| Metric | May 2026 | YoY Change |
| Median Sale Price | $261,950 | +5.9% |
| Price per Sq Ft | $145 | +3.2% |
| Avg Days on Market | 64 | -14 days |
| Active Listings | 547 | -2.7% |
| Months of Supply | 4.3 | — |
| Closed Sales | 126 | +4.1% |
| Pending Sales | 110 | -11.3% |
| Sale-to-List Ratio | 97.2% | — |
Slidell was the Northshore's busiest market this May, with 126 homes sold — more than any other city — and a median up 5.9% to $261,950. It remains the area's affordability anchor, offering the widest range of price points on the Northshore. With balanced supply and steady demand, Slidell continues to be where many buyers find their entry into St. Tammany.
Pearl River
| Metric | May 2026 | YoY Change |
| Median Sale Price | $284,000 | -10.6% |
| Price per Sq Ft | $154 | -2.7% |
| Avg Days on Market | 55 | +6 days |
| Active Listings | 40 | -31.0% |
| Months of Supply | 1.5 | — |
| Closed Sales | 27 | +170.0% |
| Pending Sales | 22 | +37.5% |
| Sale-to-List Ratio | 97.0% | — |
Pearl River was the Northshore's tightest market this May by far. Home sales nearly tripled from last year to 27, and with just 1.5 months of supply, homes are selling almost as fast as they hit the market. Buyers eyeing this growing community need to be ready to act the moment the right home appears — there is very little sitting on the shelf.
Folsom
| Metric | May 2026 | YoY Change |
| Median Sale Price | $358,500 | -11.6% |
| Price per Sq Ft | $177 | -11.6% |
| Avg Days on Market | 48 | +14 days |
| Active Listings | 43 | +34.4% |
| Months of Supply | 3.9 | — |
| Closed Sales | 11 | +450.0% |
| Pending Sales | 4 | 0.0% |
| Sale-to-List Ratio | 97.3% | — |
Folsom picked up noticeably this May, with 11 homes sold compared to just two a year ago, at a median of $358,500. With under four months of supply, the market leans toward sellers. For buyers seeking larger lots and Folsom's rural, horse-country character, the area is drawing more interest than it did last spring.
Luxury Market — $600,000+
The $600K-and-up tier stayed active in May, with luxury closings up 44% year over year to 49. The median eased 5.6% to $757,762 and months of supply sat at 5.4 — a touch softer than the broader market but healthy by luxury standards. Buyers are clearly engaging at the top of the Northshore market, and sellers with well-presented homes in Mandeville and Covington's premier corridors are finding them. This is one of the more liquid luxury markets in the region right now.
Working With Rêve
Rêve Realtors is a locally owned brokerage with a dedicated Northshore office serving Covington, Mandeville, Madisonville, and surrounding communities. Our agents live here, know these neighborhoods, and bring the kind of local insight that matters when you're making one of the biggest financial decisions of your life.
Connect With a Rêve AgentThe Northshore keeps doing what it does best: steady, dependable growth across the board. Home sales are up 18% from last year, and even the luxury market is up 44%, which tells me buyers feel good about life on this side of the lake. Covington is especially busy right now. If you are selling, you have the advantage. If you are buying, the tightest markets move fast — so come ready. Our agents live and work here, and they will help you read it right.
Clint LaCour
CEO, Rêve Realtors
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