$2,197 Closing Credit*
$185,000
2,434 SqFt
Kimberly M Lafleur, Listing Office: Latter & Blum Compass
Is 70582, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 70582 has remained a Buyer's Market.
Key Takeaway
70582 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70582, LA
How much do homes in 70582, LA cost?
Median Sold Price
$127,000
$88/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$53,000(-29.4%)
Key Takeaway
Homes in 70582 have sold for 29.4% less than they did a month ago.
Summary: The median home sold price in 70582 was $127,000 in November 2024, down 29.4% from last month, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $103K | $106.4K | +3.3% |
| 3 Bedrooms | $183.7K | $129K | -29.8% |
| 4 Bedrooms | $238.5K | $310K | +30.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 70582 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 29.8%, 4 bedroom homes increased by 30%, and 5+ bedroom homes did not change.
Housing Supply in 70582, LA
How many homes are available in 70582, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The 70582 real estate market had 47 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 70582 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 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 70582, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 70582 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 70582, LA
How long does it take to sell a home in 70582, LA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 49 Days | +159.8% |
Summary: Homes in 70582 had an average of 49 days on market in Nov 2024, up by 159.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 70582 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 70582; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.