$4,809 Closing Credit*
$405,000
2,285 SqFt
4 Beds
•2 Full Baths, 1 Partial
Christina King Noto, Listing Office: NOLA Living Realty
Is Westwego, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Westwego was a Neutral Market.
Key Takeaway
Westwego is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Westwego, LA
How much do homes in Westwego, LA cost?
Median Sold Price
$182,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,000(-3.7%)
Key Takeaway
Homes in Westwego have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Westwego was $182,000 in November 2024, down 3.7% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147.5K | $129K | -12.5% |
| 3 Bedrooms | $175K | $155.7K | -11.0% |
| 4 Bedrooms | $240K | $240K | 0.0% |
| 5+ Bedrooms | $229K | $315K | +37.6% |
Summary: Westwego housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 11%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 37.6%.
Median Sold Price Compared To Nearby Cities
| Marrero | $215K | $217.8K | +1.3% |
| New Orleans | $329.6K | $327.6K | -0.6% |
| Westwego | $189K | $182K | -3.7% |
Housing Supply in Westwego, LA
How many homes are available in Westwego, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 87 | -2.2% |
Summary: The Westwego real estate market had 87 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 56 | 56 | 0.0% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Westwego housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 11 | -38.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westwego, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Westwego in November 2024, down by 38.9% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 47 Days | +117.7% |
Summary: Homes in Westwego had an average of 47 days on market in Nov 2024, up by 117.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westwego are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Westwego; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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