Is West Carrollton / Leonidas, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Carrollton / Leonidas is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Carrollton / Leonidas was a Seller's Market.

Key Takeaway

West Carrollton / Leonidas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Carrollton / Leonidas, LA

How much do homes in West Carrollton / Leonidas, LA cost?

Median Sold Price

$369,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,000(+8.5%)

Key Takeaway

Homes in West Carrollton / Leonidas have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in West Carrollton / Leonidas was $369,000 in October 2024, up 8.5% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $172K$68.9K
-59.9%
2 $323K$362K
+12.1%
3 $335K$406.2K
+21.3%
4 $377.5K$328.3K
-13.0%
5+ $420K$399K
-5.0%

Summary: West Carrollton / Leonidas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.9%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Neighborhoods

East Carrollton
+30.6%
West Carrollton / Leonidas
+8.5%
Uptown / Carrollton
+7.0%
Fontainbleau / Marlyville
-13.3%

Housing Supply in West Carrollton / Leonidas, LA

How many homes are available in West Carrollton / Leonidas, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6982+18.8%

Summary: The West Carrollton / Leonidas real estate market had 82 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 1420
+42.9%
3 3536
+2.9%
4 1213
+8.3%
5+ 511
+120.0%

Summary: The West Carrollton / Leonidas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 120%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Carrollton / Leonidas, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in West Carrollton / Leonidas in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for West Carrollton / Leonidas, LA

How long does it take to sell a home in West Carrollton / Leonidas, LA?

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days53 Days-24.9%

Summary: Homes in West Carrollton / Leonidas had an average of 53 days on market in Oct 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Carrollton / Leonidas has remained consistent over time.

Summary: During October 2024, 6 homes were sold in West Carrollton / Leonidas; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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