$3,539 Closing Credit*
$298,050
1,925 SqFt
3 Beds
•2 Full Baths
Saun Sullivan, Listing Office: Cicero Realty LLC
Is Wallace Lake Heights, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wallace Lake Heights was a Buyer's Market.
Key Takeaway
Wallace Lake Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wallace Lake Heights, LA
How much do homes in Wallace Lake Heights, LA cost?
Median Sold Price
$320,302
$147/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$367,197(-53.4%)
Key Takeaway
Homes in Wallace Lake Heights have sold for 53.4% less than they did a month ago.
Summary: The median home sold price in Wallace Lake Heights was $320,302 in October 2024, down 53.4% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $270K | $277.8K | +2.9% |
| 4 Bedrooms | $1.1M | $345K | -68.8% |
| 5+ Bedrooms | - | $368.9K | N/A |
Summary: Wallace Lake Heights housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 68.8%, and 5+ bedroom homes did not change.
Housing Supply in Wallace Lake Heights, LA
How many homes are available in Wallace Lake Heights, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Wallace Lake Heights real estate market had 22 homes for sale in October 2024, a 22.2% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wallace Lake Heights 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 increased by 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wallace Lake Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Wallace Lake Heights in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Wallace Lake Heights, LA
We’re sorry, we don't have information for this market at the moment
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