$5,878 Closing Credit*
$495,000
4,051 SqFt
5 Beds
•3 Full Baths
Adrienne LaBauve, Listing Office: eXp Realty, LLC
Is Broadmoor, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Broadmoor has remained a Seller's Market.
Key Takeaway
Broadmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadmoor, LA
How much do homes in Broadmoor, LA cost?
Median Sold Price
$341,050
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$46,450(-12.0%)
Key Takeaway
Homes in Broadmoor have sold for 12% less than they did a year ago.
Summary: The median home sold price in Broadmoor was $341,050 in December 2024, down 12% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $248K | $200K | -19.4% |
| 3 Bedrooms | $404K | $346K | -14.3% |
| 4 Bedrooms | $396.5K | $357.4K | -9.8% |
| 5+ Bedrooms | $363.7K | $427K | +17.4% |
Summary: Broadmoor housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Gert Town | $297.5K | $376K | +26.4% |
| Milan | $399.5K | $479K | +19.9% |
| Fontainbleau / Marlyville | $477.5K | $445K | -6.8% |
| Broadmoor | $387.5K | $341K | -12.0% |
Housing Supply in Broadmoor, LA
How many homes are available in Broadmoor, LA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The Broadmoor real estate market had 53 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Broadmoor housing inventory by bedroom type for December 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 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 11 | +450.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Broadmoor, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Broadmoor in December 2024, up by 450.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for Broadmoor, LA
How long does it take to sell a home in Broadmoor, LA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 52 Days | 55 Days | +4.2% |
Summary: Homes in Broadmoor had an average of 55 days on market in Dec 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Broadmoor has remained consistent over time.
Summary: During December 2024, 11 homes were sold in Broadmoor; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Disclaimer: Copyright © 2025, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.