$1,811 Closing Credit*
$152,500
1,357 SqFt
3 Beds
•2 Full Baths
Lisa Nicholson, 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 October 2023
Since last year, 71129 has remained a Buyer'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
$239,900
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,200(+16.6%)
Key Takeaway
Homes in 71129 have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in 71129 was $239,900 in October 2024, up 16.6% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66.2K | $80.5K | +21.5% |
| 2 Bedrooms | $77.5K | $142.9K | +84.5% |
| 3 Bedrooms | $218K | $204K | -6.4% |
| 4 Bedrooms | $289.2K | $307.3K | +6.3% |
| 5+ Bedrooms | $464.9K | $590K | +26.9% |
Summary: 71129 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 84.5%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 26.9%.
Housing Supply in 71129, LA
How many homes are available in 71129, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The 71129 real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 71129 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was 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 4 homes were sold or pending in 71129 in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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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