$1,009 Closing Credit*
$85,000
768 SqFt
2 Beds
•1 Full Bath
Casey Tubbs, Listing Office: Diamond Realty & Associates
Is 71060, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 71060 was a Neutral Market.
Key Takeaway
71060 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 71060, LA
How much do homes in 71060, LA cost?
Median Sold Price
$89,500
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,499(-36.1%)
Key Takeaway
Homes in 71060 have sold for 36.1% less than they did a year ago.
Summary: The median home sold price in 71060 was $89,500 in October 2024, down 36.1% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $49.9K | -63.0% |
| 3 Bedrooms | $299K | $139.9K | -53.2% |
| 4 Bedrooms | $207.5K | $51.5K | -75.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 71060 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 decreased by 63%, 3 bedroom homes decreased by 53.2%, 4 bedroom homes decreased by 75.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 71107 | $212K | $222.4K | +4.9% |
| 71060 | $140K | $89.5K | -36.1% |
| 71082 | $85.8K | $49K | -42.9% |
Housing Supply in 71060, LA
How many homes are available in 71060, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The 71060 real estate market had 10 homes for sale in October 2024, a 42.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 71060 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 increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 71060, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 71060 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 71060, LA
We’re sorry, we don't have information for this market at the moment
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