$5,213 Closing Credit*
$439,000
3,548 SqFt
4 Beds
•3 Full Baths
Ronna Beecher, Listing Office: Pinnacle Realty Advisors
Is South Highland, 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, South Highland was a Seller's Market.
Key Takeaway
South Highland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Highland, LA
How much do homes in South Highland, LA cost?
Median Sold Price
$275,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.9%)
Key Takeaway
Homes in South Highland have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in South Highland was $275,000 in November 2024, up 1.9% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $18K | N/A |
| 2 Bedrooms | $180.1K | $199.9K | +11.0% |
| 3 Bedrooms | $265K | $270K | +1.9% |
| 4 Bedrooms | $390K | $319K | -18.2% |
| 5+ Bedrooms | $530K | $503.5K | -5.0% |
Summary: South Highland housing prices by bedroom type for November 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 1.9%, 4 bedroom homes decreased by 18.2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The South Highland real estate market had 33 homes for sale in November 2024, a 3.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The South Highland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in South Highland in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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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