Is 71067, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71067 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 71067 has remained a Seller's Market.

Key Takeaway

71067 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 71067, LA

How much do homes in 71067, LA cost?

Median Sold Price

$114,500

$63/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$100,400(-46.7%)

Key Takeaway

Homes in 71067 have sold for 46.7% less than they did a month ago.

Summary: The median home sold price in 71067 was $114,500 in November 2024, down 46.7% from last month, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $214.9K$114.5K
-46.7%
4 --
N/A
5+ --
N/A

Summary: 71067 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 did not change, 3 bedroom homes decreased by 46.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 71067, LA

How many homes are available in 71067, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
42-50.0%

Summary: The 71067 real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 71067 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 71067, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 71067 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 71067, LA

We’re sorry, we don't have information for this market at the moment

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 71067, LA

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