$48,000
Land
Sheila Julien, Listing Office: LATTER & BLUM (LATT09)
Is Holy Cross, 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, Holy Cross was a Neutral Market.
Key Takeaway
Holy Cross is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Holy Cross, LA
How much do homes in Holy Cross, LA cost?
Median Sold Price
$217,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,500(-4.6%)
Key Takeaway
Homes in Holy Cross have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in Holy Cross was $217,000 in October 2024, down 4.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $172.5K | +4.5% |
| 2 Bedrooms | $227.5K | $177K | -22.2% |
| 3 Bedrooms | $272.5K | $209K | -23.3% |
| 4 Bedrooms | $194K | $402K | +107.2% |
| 5+ Bedrooms | $270K | $385K | +42.6% |
Summary: Holy Cross housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes increased by 107.2%, and 5+ bedroom homes increased by 42.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Holy Cross | $227.5K | $217K | -4.6% |
| Lower Ninth Ward | $179K | $166K | -7.3% |
Housing Supply in Holy Cross, LA
How many homes are available in Holy Cross, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 39 | +18.2% |
Summary: The Holy Cross real estate market had 39 homes for sale in October 2024, a 18.2% 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 | 10 | 11 | +10.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Holy Cross 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 10%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 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 Holy Cross, 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 Holy Cross in October 2024, the same as the previous 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 Holy Cross, LA
How long does it take to sell a home in Holy Cross, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 101 Days | +61.1% |
Summary: Homes in Holy Cross had an average of 101 days on market in Oct 2024, up by 61.1% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Holy Cross has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Holy Cross; 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.
Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.