$4,155 Closing Credit*
$349,900
1,727 SqFt
4 Beds
•2 Full Baths
Donna Bergeron, Listing Office: United Real Estate Partners LLC
Is 70065, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 70065 was a Seller's Market.
Key Takeaway
70065 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70065, LA
How much do homes in 70065, LA cost?
Median Sold Price
$287,333
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,033(+8.7%)
Key Takeaway
Homes in 70065 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 70065 was $287,333 in November 2024, up 8.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $93.3K | +3.7% |
| 2 Bedrooms | $130K | $145K | +11.5% |
| 3 Bedrooms | $251K | $269K | +7.2% |
| 4 Bedrooms | $352.5K | $361K | +2.4% |
| 5+ Bedrooms | $457K | $490K | +7.2% |
Summary: 70065 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in 70065, LA
How many homes are available in 70065, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 182 | 180 | -1.1% |
Summary: The 70065 real estate market had 180 homes for sale in November 2024, a 1.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 19 | 16 | -15.8% |
| 3 Bedrooms | 95 | 94 | -1.1% |
| 4 Bedrooms | 52 | 51 | -1.9% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 70065 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 15.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 14 | -57.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 70065, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 70065 in November 2024, down by 57.6% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for 70065, LA
How long does it take to sell a home in 70065, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 82 Days | +217.9% |
Summary: Homes in 70065 had an average of 82 days on market in Nov 2024, up by 217.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 70065 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 70065; 36% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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