$16,000
0.12 Acres
Land
Cory Cheramie, Listing Office: Generations Realty Group, LLC
September 2024
Report Updated 29 Days Ago
Is 70085, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, 70085 was a Seller's Market.
How much do homes in 70085, LA cost?
$175,300
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in 70085 was $175,300 in September 2024, up 8.2% from last year, and the median price per square foot was $138.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | - | N/A |
2 Bedrooms | $142.5K | $172.8K | +21.3% |
3 Bedrooms | $165K | $141.5K | -14.2% |
4 Bedrooms | $123.5K | $407.5K | +230.0% |
5+ Bedrooms | $575K | $493.5K | -14.2% |
Summary: 70085 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes increased by 230%, and 5+ bedroom homes decreased by 14.2%.
70085 | $162K | $175.3K | +8.2% |
70092 | $177.5K | $187K | +5.4% |
How many homes are available in 70085, LA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Summary: The 70085 real estate market had 20 homes for sale in September 2024, a 25.0% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 70085 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 70085 in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
How long does it take to sell a home in 70085, LA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
39 Days | 16 Days | -57.7% |
Summary: Homes in 70085 had an average of 16 days on market in Sep 2024, down by 57.7% compared to last year.
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 2 homes were sold in 70085; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 29 Days Ago
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Based on information from ROAM MLS for the period 10/01/2022 - 10/01/2024
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