$4,986 Closing Credit*
$419,900
1,034 SqFt
2 Beds
•2 Full Baths
Ryan Hawthorne, Listing Office: Coldwell Banker Group One Realty
Housing Prices in 71040, LA
How much do homes in 71040, LA cost?
Median List Price
$175,000
$86/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$1,250(-0.7%)
Key Takeaway
The list price of homes in 71040 has decreased by 0.7% since last year.
Summary: The median home list price in 71040 was $175,000 in November 2024, down 0.7% from the previous year, and the median price per square foot was $86.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $799K | N/A |
| 2 Bedrooms | $48.5K | $67.4K | +39.1% |
| 3 Bedrooms | $197.5K | $185K | -6.3% |
| 4 Bedrooms | $475K | $249.9K | -47.4% |
| 5+ Bedrooms | $437.5K | $295.2K | -32.5% |
Summary: 71040 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 increased by 39.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 47.4%, and 5+ bedroom homes decreased by 32.5%.
Median List Price Compared To Nearby Zip Codes
| 71038 | $82.4K | $105.9K | +28.4% |
| 71040 | $176.2K | $175K | -0.7% |
Housing Supply in 71040, LA
How many homes are available in 71040, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The 71040 real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 71040 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 71040, LA
How long does it take to sell a home in 71040, LA?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 96 Days | -7.8% |
Summary: Homes in 71040 had an average listing age of 96 days in Nov 2024, down by 7.8% compared to the previous year.
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