$36,000
0.07 Acres
Land
Samantha Andrus, Listing Office: KELLER WILLIAMS REALTY 504-207-2007
Is 70113, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 70113 has remained a Buyer's Market.
Key Takeaway
70113 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70113, LA
How much do homes in 70113, LA cost?
Median Sold Price
$385,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,000(+22.2%)
Key Takeaway
Homes in 70113 have sold for 22.2% more than they did a year ago.
Summary: The median home sold price in 70113 was $385,000 in October 2024, up 22.2% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355.7K | $315K | -11.5% |
| 2 Bedrooms | $397.5K | $615.5K | +54.8% |
| 3 Bedrooms | $308K | $254.2K | -17.5% |
| 4 Bedrooms | $165K | $325K | +97.0% |
| 5+ Bedrooms | $475K | $410K | -13.7% |
Summary: 70113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 54.8%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes increased by 97%, and 5+ bedroom homes decreased by 13.7%.
Housing Supply in 70113, LA
How many homes are available in 70113, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 62 | +5.1% |
Summary: The 70113 real estate market had 62 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 70113 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 22.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70113, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 70113 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 70113, LA
How long does it take to sell a home in 70113, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 196 Days | 109 Days | -44.1% |
Summary: Homes in 70113 had an average of 109 days on market in Oct 2024, down by 44.1% 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 70113 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 70113; 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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