$104,900
1,016 SqFt
2 Beds
•2 Full Baths, 1 Partial
Keith Normand, Listing Office: LATTER & BLUM (LATT27)
November 2024
Report Updated 20 Days Ago
Is 70401, 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, 70401 was a Neutral Market.
How much do homes in 70401, LA cost?
$221,900
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in 70401 was $221,900 in November 2024, up 1.8% from last year, and the median price per square foot was $143.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82K | $186K | +126.8% |
2 Bedrooms | $126.5K | $96.7K | -23.5% |
3 Bedrooms | $195.4K | $219K | +12.0% |
4 Bedrooms | $283.8K | $280.8K | -1.1% |
5+ Bedrooms | $300.5K | $519K | +72.7% |
Summary: 70401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.8%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 72.7%.
70455 | $214K | $228.5K | +6.8% |
70403 | $224.7K | $232K | +3.2% |
70401 | $218K | $221.9K | +1.8% |
How many homes are available in 70401, LA?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
91 | 89 | -2.2% |
Summary: The 70401 real estate market had 89 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 45 | 45 | 0.0% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 70401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
16 | 10 | -37.5% |
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 70401 in November 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
How long does it take to sell a home in 70401, LA?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
54 Days | 65 Days | +20.0% |
Summary: Homes in 70401 had an average of 65 days on market in Nov 2024, up by 20% compared to last year.
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During November 2024, 10 homes were sold in 70401; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 20 Days Ago
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Based on information from ROAM MLS for the period 12/01/2022 - 12/01/2024
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Last updated on: 12/21/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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