$5,688 Closing Credit*
$479,000
1,605 SqFt
3 Beds
•3 Full Baths
Spencer Rossie, Listing Office: Century 21 J. Carter & Company
Is Lakeview, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Lakeview was a Seller's Market.
Key Takeaway
Lakeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lakeview, LA
How much do homes in Lakeview, LA cost?
Median Sold Price
$515,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$85,000(-14.2%)
Key Takeaway
Homes in Lakeview have sold for 14.2% less than they did a year ago.
Summary: The median home sold price in Lakeview was $515,000 in December 2024, down 14.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390.2K | $326K | -16.5% |
| 3 Bedrooms | $465K | $466K | 0.2% |
| 4 Bedrooms | $716K | $680K | -5.0% |
| 5+ Bedrooms | $752.5K | $849K | +12.8% |
Summary: Lakeview housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakeshore / Lake Vista | $599.7K | $663.5K | +10.6% |
| City Park | $485.5K | $515K | +6.1% |
| West End | $480K | $470K | -2.1% |
| Lakeview | $600K | $515K | -14.2% |
Housing Supply in Lakeview, LA
How many homes are available in Lakeview, LA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 82 | 75 | -8.5% |
Summary: The Lakeview real estate market had 75 homes for sale in December 2024, a 8.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 21 | 18 | -14.3% |
Summary: The Lakeview housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 5 | -66.7% |
Asking Price vs. Sold Price
5 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 Lakeview, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lakeview in December 2024, down by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lakeview, LA
How long does it take to sell a home in Lakeview, LA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 83 Days | 61 Days | -26.8% |
Summary: Homes in Lakeview had an average of 61 days on market in Dec 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lakeview are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Lakeview; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Disclaimer: Copyright © 2025, 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.