$5,522 Closing Credit*
$465,000
2,180 SqFt
3 Beds
•3 Full Baths, 1 Partial
Loran Milliman, Listing Office: Redfin
Is 70533, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 70533 was a Seller's Market.
Key Takeaway
70533 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70533, LA
How much do homes in 70533, LA cost?
Median Sold Price
$37,500
$25/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$217,500(-85.3%)
Key Takeaway
Homes in 70533 have sold for 85.3% less than they did a month ago.
Summary: The median home sold price in 70533 was $37,500 in December 2024, down 85.3% from last month, and the median price per square foot was $25.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $24K | - | N/A |
| 3 Bedrooms | $255K | $37.5K | -85.3% |
| 4 Bedrooms | $305K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 70533 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 85.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 70533, LA
How many homes are available in 70533, LA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The 70533 real estate market had 21 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 70533 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70533, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 70533 in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 70533, LA
How long does it take to sell a home in 70533, LA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 129 Days | 29 Days | -77.6% |
Summary: Homes in 70533 had an average of 29 days on market in Dec 2024, down by 77.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 70533 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in 70533; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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