Is Bush, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bush is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bush was a Seller's Market.

Key Takeaway

Bush is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bush, LA

How much do homes in Bush, LA cost?

Median Sold Price

$147,500

$78/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$182,500(-55.3%)

Key Takeaway

Homes in Bush have sold for 55.3% less than they did a month ago.

Summary: The median home sold price in Bush was $147,500 in November 2024, down 55.3% from last month, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $252.5K-
N/A
3 $136K$235K
+72.8%
4 $504.5K$60K
-88.1%
5+ --
N/A

Summary: Bush housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 72.8%, 4 bedroom homes decreased by 88.1%, and 5+ bedroom homes did not change.

Housing Supply in Bush, LA

How many homes are available in Bush, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2322-4.3%

Summary: The Bush real estate market had 22 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 98
-11.1%
4 99
0.0%
5+ 23
+50.0%

Summary: The Bush 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 decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bush, 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 Bush in November 2024, down by 60.0% 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 Bush, LA

How long does it take to sell a home in Bush, LA?

Average Sale Time

Oct 2024Nov 2024CHANGE
53 Days41 Days-23.5%

Summary: Homes in Bush had an average of 41 days on market in Nov 2024, down by 23.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bush are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Bush; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Bush, LA

Nearby Markets to Bush, LA

What housing markets are near Bush, LA?