$3,505 Closing Credit*
$295,163
1,705 SqFt
4 Beds
•2 Full Baths
Zondra Spikes, Listing Office: Keller Williams Northwest
Is 71129, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 71129 was a Seller's Market.
Key Takeaway
71129 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 71129, LA
How much do homes in 71129, LA cost?
Median Sold Price
$239,950
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,100(+13.3%)
Key Takeaway
Homes in 71129 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 71129 was $239,950 in November 2024, up 13.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $93K | +36.8% |
| 2 Bedrooms | $77.5K | $142.9K | +84.5% |
| 3 Bedrooms | $219K | $202.4K | -7.6% |
| 4 Bedrooms | $302.5K | $305.7K | +1.1% |
| 5+ Bedrooms | $435K | $745K | +71.3% |
Summary: 71129 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 84.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 71.3%.
Housing Supply in 71129, LA
How many homes are available in 71129, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The 71129 real estate market had 34 homes for sale in November 2024, a 13.3% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 71129 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 increased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 71129, 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 71129 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 71129, LA
We’re sorry, we don't have information for this market at the moment
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