$3,183 Closing Credit*
$268,000
1,965 SqFt
3 Beds
•2 Full Baths
Regina Grau, Listing Office: Lamarque Realty LLC
Is Kenner, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Kenner was a Seller's Market.
Key Takeaway
Kenner is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kenner, LA
How much do homes in Kenner, LA cost?
Median Sold Price
$265,013
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$12,013(+4.7%)
Key Takeaway
Homes in Kenner have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Kenner was $265,013 in August 2024, up 4.7% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.7K | $93.3K | -8.3% |
| 2 Bedrooms | $142.5K | $141K | -1.1% |
| 3 Bedrooms | $239.6K | $260K | +8.5% |
| 4 Bedrooms | $340K | $341.5K | 0.4% |
| 5+ Bedrooms | $419K | $454K | +8.4% |
Summary: Kenner housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 8.4%.
Housing Supply in Kenner, LA
How many homes are available in Kenner, LA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 249 | 265 | +6.4% |
Summary: The Kenner real estate market had 265 homes for sale in August 2024, a 6.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 27 | 37 | +37.0% |
| 3 Bedrooms | 116 | 120 | +3.4% |
| 4 Bedrooms | 73 | 79 | +8.2% |
| 5+ Bedrooms | 32 | 28 | -12.5% |
Summary: The Kenner housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kenner, you may be able to get a good deal. 75.6% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Kenner in August 2024, up by 2.5% month-over-month. Of the 41 sold homes, 76% were sold under asking, 17% were sold at asking, and 7% were sold over asking.
Days on Market for Kenner, LA
How long does it take to sell a home in Kenner, LA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 35 Days | 43 Days | +20.7% |
Summary: Homes in Kenner had an average of 43 days on market in Aug 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kenner are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 41 homes were sold in Kenner; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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