$1,663 Closing Credit*
$140,000
1,822 SqFt
3 Beds
•3 Full Baths
Hannah Loker, Listing Office: Sterling & Southern Real Estate Co. LLC
Is 71082, 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, 71082 was a Seller's Market.
Key Takeaway
71082 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 71082, LA
How much do homes in 71082, LA cost?
Median Sold Price
$49,000
$33/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$36,800(-42.9%)
Key Takeaway
Homes in 71082 have sold for 42.9% less than they did a year ago.
Summary: The median home sold price in 71082 was $49,000 in October 2024, down 42.9% from last year, and the median price per square foot was $33.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $50K | N/A |
| 2 Bedrooms | $25K | $23K | -8.0% |
| 3 Bedrooms | $85.8K | $54.9K | -35.9% |
| 4 Bedrooms | $165K | $112.5K | -31.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 71082 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 8%, 3 bedroom homes decreased by 35.9%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes did not change.
Housing Supply in 71082, LA
How many homes are available in 71082, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The 71082 real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 71082 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 71082, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 71082 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 71082, LA
We’re sorry, we don't have information for this market at the moment
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