$4,749 Closing Credit*
$399,900
1,160 SqFt
1 Bed
•2 Full Baths
Susan Saia, Listing Office: RE/MAX N.O. Properties
Is 70130, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 70130 was a Seller's Market.
Key Takeaway
70130 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70130, LA
How much do homes in 70130, LA cost?
Median Sold Price
$378,166
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$24,833(-6.2%)
Key Takeaway
Homes in 70130 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 70130 was $378,166 in December 2024, down 6.2% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250.4K | $245K | -2.2% |
| 2 Bedrooms | $447.5K | $425K | -5.0% |
| 3 Bedrooms | $625K | $537K | -14.1% |
| 4 Bedrooms | $560K | $699K | +24.8% |
| 5+ Bedrooms | $502.5K | $852.5K | +69.7% |
Summary: 70130 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 69.7%.
Median Sold Price Compared To Nearby Zip Codes
| 70113 | $330K | $339K | +2.7% |
| 70130 | $403K | $378.1K | -6.2% |
Housing Supply in 70130, LA
How many homes are available in 70130, LA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 222 | 218 | -1.8% |
Summary: The 70130 real estate market had 218 homes for sale in December 2024, a 1.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 62 | 61 | -1.6% |
| 2 Bedrooms | 78 | 75 | -3.8% |
| 3 Bedrooms | 40 | 41 | +2.5% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The 70130 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 26 | +62.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70130, you may be able to get a good deal. 88.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 70130 in December 2024, up by 62.5% month-over-month. Of the 26 sold homes, 88% were sold under asking, 12% were sold at asking, and 0% were sold over asking.
Days on Market for 70130, LA
How long does it take to sell a home in 70130, LA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 110 Days | 99 Days | -9.8% |
Summary: Homes in 70130 had an average of 99 days on market in Dec 2024, down by 9.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 70130 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 26 homes were sold in 70130; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
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