$2,957 Closing Credit*
$249,000
1,618 SqFt
3 Beds
•2 Full Baths
Lana Soileau, Listing Office: Real Broker, LLC
Is Sunset, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sunset has remained a Buyer's Market.
Key Takeaway
Sunset is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunset, LA
How much do homes in Sunset, LA cost?
Median Sold Price
$227,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$23,000(-9.2%)
Key Takeaway
Homes in Sunset have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Sunset was $227,000 in October 2024, down 9.2% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.5K | $125K | -12.3% |
| 3 Bedrooms | $219.5K | $210K | -4.3% |
| 4 Bedrooms | $257.5K | $263.5K | +2.3% |
| 5+ Bedrooms | $832.1K | $375K | -54.9% |
Summary: Sunset 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 decreased by 12.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 54.9%.
Housing Supply in Sunset, LA
How many homes are available in Sunset, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The Sunset real estate market had 38 homes for sale in October 2024, a 8.6% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunset 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 5.3%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunset, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Sunset in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset, LA
How long does it take to sell a home in Sunset, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 140 Days | 145 Days | +3.5% |
Summary: Homes in Sunset had an average of 145 days on market in Oct 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sunset are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Sunset; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.