$1,959 Closing Credit*
$165,000
1,650 SqFt
3 Beds
•1 Full Bath, 1 Partial
Tamike Veal, Listing Office: Epique Realty
Is Little Woods, 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, Little Woods was a Seller's Market.
Key Takeaway
Little Woods is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Little Woods, LA
How much do homes in Little Woods, LA cost?
Median Sold Price
$189,574
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,574(+2.5%)
Key Takeaway
Homes in Little Woods have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Little Woods was $189,574 in October 2024, up 2.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $98K | -10.9% |
| 3 Bedrooms | $172.2K | $184.2K | +7.0% |
| 4 Bedrooms | $199.9K | $190K | -5.0% |
| 5+ Bedrooms | $202K | $203.7K | +0.9% |
Summary: Little Woods housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Little Woods | $185K | $189.5K | +2.5% |
| New Orleans East Area | $189K | $187K | -1.1% |
| West Lake Forest | $172.5K | $163.7K | -5.1% |
| Pines Village | $175.3K | $150K | -14.5% |
Housing Supply in Little Woods, LA
How many homes are available in Little Woods, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 136 | +10.6% |
Summary: The Little Woods real estate market had 136 homes for sale in October 2024, a 10.6% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 59 | 74 | +25.4% |
| 4 Bedrooms | 33 | 31 | -6.1% |
| 5+ Bedrooms | 27 | 26 | -3.7% |
Summary: The Little Woods 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 25%, 3 bedroom homes increased by 25.4%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 3.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Little Woods, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Little Woods in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Little Woods, LA
How long does it take to sell a home in Little Woods, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 31 Days | -30.4% |
Summary: Homes in Little Woods had an average of 31 days on market in Oct 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Little Woods are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Little Woods; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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