$150,000
11.00 Acres
Land
Jenny Lendle, Listing Office: GL Realty Group, LLC
Is 70030, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 70030 was a Buyer's Market.
Key Takeaway
70030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 70030, LA
How much do homes in 70030, LA cost?
Median Sold Price
$312,500
$167/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$149,500(+91.7%)
Key Takeaway
Homes in 70030 have sold for 91.7% more than they did a month ago.
Summary: The median home sold price in 70030 was $312,500 in November 2024, up 91.7% from last month, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $138K | - | N/A |
| 3 Bedrooms | $188K | $340K | +80.9% |
| 4 Bedrooms | - | $262.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 70030 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 80.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 70030 | $163K | $312.5K | +91.7% |
| 70080 | $159K | $159K | 0.0% |
Housing Supply in 70030, LA
How many homes are available in 70030, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The 70030 real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 70030 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70030, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 70030 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 70030, LA
How long does it take to sell a home in 70030, LA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 Days | 43 Days | -50.8% |
Summary: Homes in 70030 had an average of 43 days on market in Nov 2024, down by 50.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 70030 has remained consistent over time.
Summary: During November 2024, 4 homes were sold in 70030; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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