$3,266 Closing Credit*
$275,000
1,326 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brian Maurice, Listing Office: Real Broker, LLC
Is Irish Channel, 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, Irish Channel was a Seller's Market.
Key Takeaway
Irish Channel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Irish Channel, LA
How much do homes in Irish Channel, LA cost?
Median Sold Price
$575,000
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$130,750(+29.4%)
Key Takeaway
Homes in Irish Channel have sold for 29.4% more than they did a year ago.
Summary: The median home sold price in Irish Channel was $575,000 in November 2024, up 29.4% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $299.9K | +19.0% |
| 2 Bedrooms | $370K | $435K | +17.6% |
| 3 Bedrooms | $550K | $610K | +10.9% |
| 4 Bedrooms | $438K | $660K | +50.7% |
| 5+ Bedrooms | $452.5K | $1.4M | +220.2% |
Summary: Irish Channel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 50.7%, and 5+ bedroom homes increased by 220.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Irish Channel | $444.2K | $575K | +29.4% |
| East Riverside | $533K | $532.5K | -0.1% |
| Lower Garden District | $368.5K | $338K | -8.3% |
Housing Supply in Irish Channel, LA
How many homes are available in Irish Channel, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Irish Channel real estate market had 30 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Irish Channel 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 increased by 20%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 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 Irish Channel, 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 Irish Channel in November 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 Irish Channel, LA
How long does it take to sell a home in Irish Channel, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 51 Days | -38.2% |
Summary: Homes in Irish Channel had an average of 51 days on market in Nov 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Irish Channel are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Irish Channel; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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