$2,019 Closing Credit*
$170,000
1,186 SqFt
2 Beds
•1 Full Bath
Victor Lizarraga, Listing Office: 1 Percent Lists Premier
Is 70084, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 70084 was a Neutral Market.
Key Takeaway
70084 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70084, LA
How much do homes in 70084, LA cost?
Median Sold Price
$107,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$36,500(-25.4%)
Key Takeaway
Homes in 70084 have sold for 25.4% less than they did a year ago.
Summary: The median home sold price in 70084 was $107,000 in October 2024, down 25.4% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $73K | $60K | -17.8% |
| 3 Bedrooms | $147.5K | $135K | -8.5% |
| 4 Bedrooms | $246.4K | $165K | -33.0% |
| 5+ Bedrooms | $253K | $398.8K | +57.7% |
Summary: 70084 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 33%, and 5+ bedroom homes increased by 57.7%.
Median Sold Price Compared To Nearby Zip Codes
| 70068 | $199.5K | $198.5K | -0.5% |
| 70084 | $143.5K | $107K | -25.4% |
Housing Supply in 70084, LA
How many homes are available in 70084, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The 70084 real estate market had 15 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 70084 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70084, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 70084 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 70084, LA
How long does it take to sell a home in 70084, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 150 Days | 169 Days | +13.0% |
Summary: Homes in 70084 had an average of 169 days on market in Oct 2024, up by 13% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 70084 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 70084; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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