Housing Prices in 71001, LA

How much do homes in 71001, LA cost?

Median List Price

$49,900

$37/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$67,550(-57.5%)

Key Takeaway

The list price of homes in 71001 has decreased by 57.5% since last year.

Summary: The median home list price in 71001 was $49,900 in October 2024, down 57.5% from the previous year, and the median price per square foot was $37.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $49.9K$61.9K
+24.1%
4 $325K$15K
-95.4%
5+ --
N/A

Summary: 71001 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 did not change, 3 bedroom homes increased by 24.1%, 4 bedroom homes decreased by 95.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

71040
-11.4%
71001
-57.5%

Housing Supply in 71001, LA

How many homes are available in 71001, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The 71001 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 71001 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 71001, LA

How long does it take to sell a home in 71001, LA?

Average Listing Age

Oct 2023Oct 2024CHANGE
383 Days202 Days-47.3%

Summary: Homes in 71001 had an average listing age of 202 days in Oct 2024, down by 47.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 71001, LA

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