$4,857 Closing Credit*
$409,000
1,860 SqFt
4 Beds
•4 Full Baths
Stephen Kaplan, Listing Office: Green Fields Real Estate, LLC
Is Bywater, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bywater has remained a Buyer's Market.
Key Takeaway
Bywater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bywater, LA
How much do homes in Bywater, LA cost?
Median Sold Price
$314,000
$193/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$70,000(-18.2%)
Key Takeaway
Homes in Bywater have sold for 18.2% less than they did a month ago.
Summary: The median home sold price in Bywater was $314,000 in October 2024, down 18.2% from last month, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $341.5K | $248K | -27.4% |
| 3 Bedrooms | $625K | $912.5K | +46.0% |
| 4 Bedrooms | - | $261.6K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bywater housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.4%, 3 bedroom homes increased by 46%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bywater, LA
How many homes are available in Bywater, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Summary: The Bywater real estate market had 38 homes for sale in October 2024, a 15.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bywater 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bywater, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bywater in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bywater, LA
How long does it take to sell a home in Bywater, LA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 95 Days | +22.8% |
Summary: Homes in Bywater had an average of 95 days on market in Oct 2024, up by 22.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bywater are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Bywater; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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