$416 Closing Credit*
$35,000
821 SqFt
2 Beds
•1 Full Bath
Hayden Wallace, Listing Office: Berkshire Hathaway HomeServices Ally Real Estate
Is Sunset Acres, 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 Acres has remained a Buyer's Market.
Key Takeaway
Sunset Acres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunset Acres, LA
How much do homes in Sunset Acres, LA cost?
Median Sold Price
$44,000
$38/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-18.5%)
Key Takeaway
Homes in Sunset Acres have sold for 18.5% less than they did a year ago.
Summary: The median home sold price in Sunset Acres was $44,000 in October 2024, down 18.5% from last year, and the median price per square foot was $38.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $40.1K | $46.5K | +15.8% |
| 3 Bedrooms | $55K | $42K | -23.6% |
| 4 Bedrooms | $64.7K | $32K | -50.6% |
| 5+ Bedrooms | $102.5K | $117.5K | +14.5% |
Summary: Sunset Acres 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 15.8%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes decreased by 50.6%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Garden Valley | $88.5K | $110K | +24.3% |
| Sunset Acres | $54K | $44K | -18.5% |
| Werner Park | $33.5K | $22.5K | -32.8% |
Housing Supply in Sunset Acres, LA
How many homes are available in Sunset Acres, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The Sunset Acres real estate market had 26 homes for sale in October 2024, a 3.7% 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 | 9 | 10 | +11.1% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Sunset Acres 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 increased by 11.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunset Acres, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sunset Acres in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset Acres, LA
We’re sorry, we don't have information for this market at the moment
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