$2,660 Closing Credit*
$224,000
1,979 SqFt
3 Beds
•2 Full Baths
Richard Lieberman, Listing Office: The Home Company
Is Gretna, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gretna has remained a Seller's Market.
Key Takeaway
Gretna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gretna, LA
How much do homes in Gretna, LA cost?
Median Sold Price
$235,750
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,083(+0.5%)
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 $235,750 in October 2024, up 0.5% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76.2K | $82.5K | +8.2% |
| 2 Bedrooms | $170K | $128K | -24.7% |
| 3 Bedrooms | $225K | $207K | -8.0% |
| 4 Bedrooms | $269.4K | $272K | +0.9% |
| 5+ Bedrooms | $271.3K | $353.3K | +30.2% |
Summary: Gretna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 24.7%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Cities
| Gretna | $234.6K | $235.7K | 0.5% |
| New Orleans | $329.5K | $325.3K | -1.3% |
| Harvey | $219.3K | $215K | -2.0% |
Housing Supply in Gretna, LA
How many homes are available in Gretna, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 144 | 158 | +9.7% |
Summary: The Gretna real estate market had 158 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 65 | 67 | +3.1% |
| 4 Bedrooms | 47 | 54 | +14.9% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Gretna housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gretna, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Gretna in October 2024, up by 40.0% month-over-month. Of the 28 sold homes, 75% were sold under asking, 18% were sold at asking, and 7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 39 Days | +28.2% |
Summary: Homes in Gretna had an average of 39 days on market in Oct 2024, up by 28.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 28 homes were sold in Gretna; 61% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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