$1,568 Closing Credit*
$132,000
1,056 SqFt
2 Beds
•1 Full Bath, 1 Partial
Rachel Pacheco, Listing Office: RE/MAX Real Estate Services
Is Shreve Island, 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, Shreve Island was a Neutral Market.
Key Takeaway
Shreve Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shreve Island, LA
How much do homes in Shreve Island, LA cost?
Median Sold Price
$197,500
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.6%)
Key Takeaway
Homes in Shreve Island have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Shreve Island was $197,500 in October 2024, up 2.6% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91K | $124.5K | +36.8% |
| 2 Bedrooms | $133K | $145K | +9.0% |
| 3 Bedrooms | $192K | $197.5K | +2.9% |
| 4 Bedrooms | $260.9K | $220K | -15.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Shreve Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Shreve Island | $192.5K | $197.5K | +2.6% |
| Broadmoor | $193.3K | $186.4K | -3.6% |
| South Broadmoor | $205K | $194.9K | -4.9% |
Housing Supply in Shreve Island, LA
How many homes are available in Shreve Island, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The Shreve Island real estate market had 37 homes for sale in October 2024, a 5.1% 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 | 30 | 28 | -6.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Shreve Island 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 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shreve Island, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Shreve Island in October 2024, the same as the previous month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Shreve Island, LA
We’re sorry, we don't have information for this market at the moment
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