$2,136 Closing Credit*
$179,900
1,200 SqFt
3 Beds
•2 Full Baths
Janina Kinler, Listing Office: Kinler Bellew Realty
Is Westwego, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Westwego was a Seller's Market.
Key Takeaway
Westwego is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Westwego, LA
How much do homes in Westwego, LA cost?
Median Sold Price
$184,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-2.6%)
Key Takeaway
Homes in Westwego have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Westwego was $184,000 in October 2024, down 2.6% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $111.2K | $139K | +24.9% |
| 3 Bedrooms | $175K | $155.7K | -11.0% |
| 4 Bedrooms | $260K | $233K | -10.4% |
| 5+ Bedrooms | $229.5K | $300K | +30.7% |
Summary: Westwego 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 24.9%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 30.7%.
Median Sold Price Compared To Nearby Cities
| Marrero | $216.7K | $218.8K | +1.0% |
| New Orleans | $329.5K | $325.3K | -1.3% |
| Westwego | $189K | $184K | -2.6% |
Housing Supply in Westwego, LA
How many homes are available in Westwego, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 87 | 0.0% |
Summary: The Westwego real estate market had 87 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 52 | 53 | +1.9% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Westwego 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 1.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westwego, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Westwego in October 2024, down by 23.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Westwego, LA
How long does it take to sell a home in Westwego, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 84 Days | +41.9% |
Summary: Homes in Westwego had an average of 84 days on market in Oct 2024, up by 41.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Westwego has remained consistent over time.
Summary: During October 2024, 13 homes were sold in Westwego; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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