$3,741 Closing Credit*
$315,000
2,330 SqFt
3 Beds
•2 Full Baths, 1 Partial
Claudette Reuther, Listing Office: Scoggin Properties, Inc.
Is 70068, 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, 70068 was a Seller's Market.
Key Takeaway
70068 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70068, LA
How much do homes in 70068, LA cost?
Median Sold Price
$198,750
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,270(+1.2%)
Key Takeaway
Homes in 70068 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 70068 was $198,750 in November 2024, up 1.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $127K | -5.9% |
| 3 Bedrooms | $189.9K | $185K | -2.6% |
| 4 Bedrooms | $225K | $228.2K | +1.4% |
| 5+ Bedrooms | $334K | $326K | -2.4% |
Summary: 70068 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in 70068, LA
How many homes are available in 70068, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 128 | +0.8% |
Summary: The 70068 real estate market had 128 homes for sale in November 2024, a 0.8% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 77 | 79 | +2.6% |
| 4 Bedrooms | 43 | 42 | -2.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 70068 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 increased by 33.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70068, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 70068 in November 2024, the same as the previous month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for 70068, LA
How long does it take to sell a home in 70068, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 81 Days | +82.7% |
Summary: Homes in 70068 had an average of 81 days on market in Nov 2024, up by 82.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 70068 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 70068; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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