$5,284 Closing Credit*
$445,000
3,455 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jacob Ferguson, Listing Office: Mickey Fertitta Properties
Is 71115, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 71115 has remained a Seller's Market.
Key Takeaway
71115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 71115, LA
How much do homes in 71115, LA cost?
Median Sold Price
$257,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,000(+11.7%)
Key Takeaway
Homes in 71115 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 71115 was $257,000 in October 2024, up 11.7% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.9K | - | N/A |
| 2 Bedrooms | $125.7K | $132.4K | +5.3% |
| 3 Bedrooms | $230K | $232K | +0.9% |
| 4 Bedrooms | $370K | $368.5K | -0.4% |
| 5+ Bedrooms | $462K | $485K | +5.0% |
Summary: 71115 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 increased by 5.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 5%.
Housing Supply in 71115, LA
How many homes are available in 71115, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 100 | 107 | +7.0% |
Summary: The 71115 real estate market had 107 homes for sale in October 2024, a 7.0% 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 | 8 | 9 | +12.5% |
| 3 Bedrooms | 51 | 58 | +13.7% |
| 4 Bedrooms | 33 | 32 | -3.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 71115 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 increased by 12.5%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 26 | +100.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 71115, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 71115 in October 2024, up by 100.0% month-over-month. Of the 26 sold homes, 65% were sold under asking, 31% were sold at asking, and 4% were sold over asking.
Days on Market for 71115, LA
We’re sorry, we don't have information for this market at the moment
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.