$2,618 Closing Credit*
$220,500
2,780 SqFt
5 Beds
•3 Full Baths
June Alexander, 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 November 2023
At the same time last year, Shreve Island was a Seller's Market.
Key Takeaway
Shreve Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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 November 2023
+$1,750(+0.9%)
Key Takeaway
Homes in Shreve Island have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Shreve Island was $197,500 in November 2024, up 0.9% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91K | $124.5K | +36.8% |
| 2 Bedrooms | $134.5K | $147.5K | +9.7% |
| 3 Bedrooms | $195.7K | $197.5K | +0.9% |
| 4 Bedrooms | $260.9K | $228.5K | -12.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Shreve Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Shreve Island | $195.7K | $197.5K | +0.9% |
| Broadmoor | $193.1K | $184.9K | -4.3% |
| South Broadmoor | $207.4K | $195K | -6.0% |
Housing Supply in Shreve Island, LA
How many homes are available in Shreve Island, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Summary: The Shreve Island real estate market had 28 homes for sale in November 2024, a 15.2% decrease 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 | 1 | 4 | +300.0% |
| 3 Bedrooms | 25 | 18 | -28.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Shreve Island 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 300%, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 1 | -91.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Shreve Island in November 2024, down by 91.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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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