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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Filmore is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Filmore was a Seller's Market.

Key Takeaway

Filmore is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Filmore, LA

How much do homes in Filmore, LA cost?

Median Sold Price

$352,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,500(+2.2%)

Key Takeaway

Homes in Filmore have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Filmore was $352,500 in October 2024, up 2.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $239K-
N/A
2 $186.3K$168.7K
-9.4%
3 $330K$325K
-1.5%
4 $436K$547.5K
+25.6%
5+ $712.5K$735K
+3.2%

Summary: Filmore 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 decreased by 9.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Neighborhoods

Gentilly
+5.7%
Filmore
+2.2%
Saint Anthony
0.0%

Housing Supply in Filmore, LA

How many homes are available in Filmore, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4446+4.5%

Summary: The Filmore real estate market had 46 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 2123
+9.5%
4 1515
0.0%
5+ 64
-33.3%

Summary: The Filmore 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 100%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Filmore, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Filmore in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Filmore, LA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days42 Days+2.0%

Summary: Homes in Filmore had an average of 42 days on market in Oct 2024, up by 2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Filmore; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

Newest Listings in Filmore, LA

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