$3,374 Closing Credit*
$284,135
1,858 SqFt
4 Beds
•2 Full Baths
Saun Sullivan, Listing Office: Cicero Realty, LLC
Is 70435, 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, 70435 was a Seller's Market.
Key Takeaway
70435 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 70435, LA
How much do homes in 70435, LA cost?
Median Sold Price
$295,850
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,850(+3.8%)
Key Takeaway
Homes in 70435 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 70435 was $295,850 in October 2024, up 3.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183.6K | $289.9K | +57.9% |
| 3 Bedrooms | $265K | $270.6K | +2.1% |
| 4 Bedrooms | $380K | $352.5K | -7.2% |
| 5+ Bedrooms | $390K | $439K | +12.6% |
Summary: 70435 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 increased by 57.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in 70435, LA
How many homes are available in 70435, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 145 | +11.5% |
Summary: The 70435 real estate market had 145 homes for sale in October 2024, a 11.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 66 | 74 | +12.1% |
| 4 Bedrooms | 48 | 52 | +8.3% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 70435 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 remained the same, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70435, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 70435 in October 2024, up by 15.0% month-over-month. Of the 23 sold homes, 43% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for 70435, LA
How long does it take to sell a home in 70435, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 50 Days | -16.3% |
Summary: Homes in 70435 had an average of 50 days on market in Oct 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 70435 has remained consistent over time.
Summary: During October 2024, 23 homes were sold in 70435; 26% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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