$713 Closing Credit*
$60,000
1,194 SqFt
3 Beds
•1 Full Bath
Lee Nugent, Listing Office: Pinnacle Realty Advisors
Is Caddo Heights, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Caddo Heights was a Seller's Market.
Key Takeaway
Caddo Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Caddo Heights, LA
How much do homes in Caddo Heights, LA cost?
Median Sold Price
$26,500
$21/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,005(-18.5%)
Key Takeaway
Homes in Caddo Heights have sold for 18.5% less than they did a year ago.
Summary: The median home sold price in Caddo Heights was $26,500 in October 2024, down 18.5% from last year, and the median price per square foot was $21.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $28.7K | $29K | +0.9% |
| 3 Bedrooms | $35K | $26K | -25.9% |
| 4 Bedrooms | $35.2K | $25.5K | -27.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Caddo Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes decreased by 27.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| South Highland | $269K | $277.5K | +3.2% |
| Caddo Heights | $32.5K | $26.5K | -18.5% |
| Werner Park | $33.5K | $22.5K | -32.8% |
Housing Supply in Caddo Heights, LA
How many homes are available in Caddo Heights, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Caddo Heights real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Caddo Heights 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 increased by 9.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 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 Caddo Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Caddo Heights in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Caddo Heights, LA
We’re sorry, we don't have information for this market at the moment
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