$2,197 Closing Credit*
$185,000
1,240 SqFt
3 Beds
•2 Full Baths
Lana Soileau, Listing Office: Real Broker, LLC
Is 70584, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 70584 was a Buyer's Market.
Key Takeaway
70584 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 70584, LA
How much do homes in 70584, LA cost?
Median Sold Price
$228,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$26,500(-10.4%)
Key Takeaway
Homes in 70584 have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in 70584 was $228,000 in December 2024, down 10.4% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $230K | +84.0% |
| 3 Bedrooms | $237K | $206.5K | -12.9% |
| 4 Bedrooms | $256.2K | $295K | +15.1% |
| 5+ Bedrooms | $725K | - | N/A |
Summary: 70584 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 84%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 70570 | $153.2K | $157K | +2.4% |
| 70520 | $220K | $210.9K | -4.1% |
| 70584 | $254.5K | $228K | -10.4% |
Housing Supply in 70584, LA
How many homes are available in 70584, LA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The 70584 real estate market had 28 homes for sale in December 2024, a 12.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 70584 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 decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 70584, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 70584 in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 70584, LA
How long does it take to sell a home in 70584, LA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 14 Days | 117 Days | +737.1% |
Summary: Homes in 70584 had an average of 117 days on market in Dec 2024, up by 737.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 70584 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 5 homes were sold in 70584; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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.