$3,551 Closing Credit*
$299,000
2,679 SqFt
3 Beds
•3 Full Baths
Andy Osborn, Emily Hays, Listing Office: Osborn Hays Real Estate, LLC
Is South Highland, 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, South Highland was a Seller's Market.
Key Takeaway
South Highland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Highland, LA
How much do homes in South Highland, LA cost?
Median Sold Price
$277,500
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,500(+3.2%)
Key Takeaway
Homes in South Highland have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in South Highland was $277,500 in October 2024, up 3.2% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $18K | N/A |
| 2 Bedrooms | $180.1K | $199.9K | +11.0% |
| 3 Bedrooms | $265K | $272.5K | +2.8% |
| 4 Bedrooms | $357.5K | $319K | -10.8% |
| 5+ Bedrooms | $530K | $503.5K | -5.0% |
Summary: South Highland 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 increased by 11%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 5%.
Housing Supply in South Highland, LA
How many homes are available in South Highland, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The South Highland real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South Highland 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Highland, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Highland in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for South Highland, LA
We’re sorry, we don't have information for this market at the moment
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