$3,741 Closing Credit*
$315,000
2,330 SqFt
3 Beds
•2 Full Baths, 1 Partial
Claudette Reuther, Listing Office: Scoggin Properties, Inc.
Is La Place, 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, La Place was a Seller's Market.
Key Takeaway
La Place is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in La Place, LA
How much do homes in La Place, LA cost?
Median Sold Price
$198,750
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,112(+1.1%)
Key Takeaway
Homes in La Place have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in La Place was $198,750 in November 2024, up 1.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $127K | -5.9% |
| 3 Bedrooms | $189.9K | $185K | -2.6% |
| 4 Bedrooms | $225K | $228.2K | +1.4% |
| 5+ Bedrooms | $334K | $326K | -2.4% |
Summary: La Place housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Destrehan | $299.9K | $310K | +3.3% |
| La Place | $196.6K | $198.7K | +1.1% |
| Reserve | $139.5K | $135K | -3.2% |
Housing Supply in La Place, LA
How many homes are available in La Place, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 128 | +0.8% |
Summary: The La Place real estate market had 128 homes for sale in November 2024, a 0.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 77 | 79 | +2.6% |
| 4 Bedrooms | 43 | 42 | -2.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The La Place 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 33.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Place, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in La Place in November 2024, the same as the previous month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for La Place, LA
How long does it take to sell a home in La Place, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 81 Days | +82.7% |
Summary: Homes in La Place had an average of 81 days on market in Nov 2024, up by 82.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Place are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in La Place; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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