$1,033 Closing Credit*
$87,000
1,413 SqFt
2 Beds
•2 Full Baths
Tom Bookhardt, Listing Office: United Real Estate Partners LLC
Is Pontchartrain Park, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pontchartrain Park has remained a Buyer's Market.
Key Takeaway
Pontchartrain Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pontchartrain Park, LA
How much do homes in Pontchartrain Park, LA cost?
Median Sold Price
$205,000
$107/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$7,000(-3.3%)
Key Takeaway
Homes in Pontchartrain Park have sold for 3.3% less than they did a month ago.
Summary: The median home sold price in Pontchartrain Park was $205,000 in October 2024, down 3.3% from last month, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $212K | $204K | -3.8% |
| 4 Bedrooms | - | $206K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pontchartrain Park housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pontchartrain Park | $212K | $205K | -3.3% |
| Gentilly Woods | $270K | $210K | -22.2% |
Housing Supply in Pontchartrain Park, LA
How many homes are available in Pontchartrain Park, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Pontchartrain Park real estate market had 20 homes for sale in October 2024, a 4.8% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pontchartrain Park 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pontchartrain Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pontchartrain Park in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pontchartrain Park, LA
How long does it take to sell a home in Pontchartrain Park, LA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 Days | 109 Days | +9.5% |
Summary: Homes in Pontchartrain Park had an average of 109 days on market in Oct 2024, up by 9.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pontchartrain Park has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Pontchartrain Park; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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