Is Gert Town, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gert Town is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Gert Town has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Gert Town, LA

How much do homes in Gert Town, LA cost?

Median Sold Price

$533,000

$189/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$418,500(+365.5%)

Key Takeaway

Homes in Gert Town have sold for 365.5% more than they did a month ago.

Summary: The median home sold price in Gert Town was $533,000 in November 2024, up 365.5% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $114.5K-
N/A
3 -$365K
N/A
4 --
N/A
5+ -$701K
N/A

Summary: Gert Town 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gert Town, LA

How many homes are available in Gert Town, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The Gert Town real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 54
-20.0%
4 45
+25.0%
5+ 610
+66.7%

Summary: The Gert Town 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 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gert Town, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Gert Town in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gert Town, LA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
47 Days90 Days+91.5%

Summary: Homes in Gert Town had an average of 90 days on market in Nov 2024, up by 91.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gert Town has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Gert Town; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in Gert Town, LA

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