$1,781 Closing Credit*
$150,000
820 SqFt
2 Beds
•1 Full Bath
Timothy Guillot, Listing Office: WayMaker Realty, LLC
Is Gretna, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Gretna was a Neutral Market.
Key Takeaway
Gretna is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gretna, LA
How much do homes in Gretna, LA cost?
Median Sold Price
$235,000
$128/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Gretna has remained the same since last year.
Summary: The median home sold price in Gretna was $235,000 in November 2024, the same as last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $82.7K | +3.4% |
| 2 Bedrooms | $170K | $130K | -23.5% |
| 3 Bedrooms | $222K | $206.5K | -7.0% |
| 4 Bedrooms | $269K | $272K | +1.1% |
| 5+ Bedrooms | $272.1K | $353.3K | +29.8% |
Summary: Gretna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 29.8%.
Median Sold Price Compared To Nearby Cities
| Gretna | $235K | $235K | 0.0% |
| New Orleans | $329.6K | $327.6K | -0.6% |
| Harvey | $219K | $210K | -4.1% |
Housing Supply in Gretna, LA
How many homes are available in Gretna, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 151 | 147 | -2.6% |
Summary: The Gretna real estate market had 147 homes for sale in November 2024, a 2.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 64 | 61 | -4.7% |
| 4 Bedrooms | 52 | 55 | +5.8% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Gretna housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 14 | -53.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gretna, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Gretna in November 2024, down by 53.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Gretna, LA
How long does it take to sell a home in Gretna, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 44 Days | +27.1% |
Summary: Homes in Gretna had an average of 44 days on market in Nov 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gretna are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Gretna; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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