$5,439 Closing Credit*
$458,000
2,857 SqFt
4 Beds
•3 Full Baths
April Brown, Listing Office: Hospitality Realty
Is 70452, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 70452 has remained a Seller's Market.
Key Takeaway
70452 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 70452, LA
How much do homes in 70452, LA cost?
Median Sold Price
$257,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,500(-4.6%)
Key Takeaway
Homes in 70452 have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in 70452 was $257,500 in November 2024, down 4.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $112K | N/A |
| 2 Bedrooms | $148.2K | $126.3K | -14.8% |
| 3 Bedrooms | $210K | $232K | +10.5% |
| 4 Bedrooms | $332.5K | $307.5K | -7.5% |
| 5+ Bedrooms | $448K | $388.5K | -13.3% |
Summary: 70452 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 13.3%.
Housing Supply in 70452, LA
How many homes are available in 70452, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Summary: The 70452 real estate market had 45 homes for sale in November 2024, a 9.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 70452 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70452, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 70452 in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 70452, LA
How long does it take to sell a home in 70452, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 24 Days | -45.9% |
Summary: Homes in 70452 had an average of 24 days on market in Nov 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 70452 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 70452; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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