Is 70036, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 70036 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 70036 was a Neutral Market.

Key Takeaway

70036 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 70036, LA

How much do homes in 70036, LA cost?

Median Sold Price

$257,500

$98/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$77,500(+43.1%)

Key Takeaway

Homes in 70036 have sold for 43.1% more than they did a month ago.

Summary: The median home sold price in 70036 was $257,500 in April 2024, up 43.1% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $180K$257.5K
+43.1%
4 --
N/A
5+ --
N/A

Summary: 70036 housing prices by bedroom type for April 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 43.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

70036
+43.1%
70067
-4.3%

Housing Supply in 70036, LA

How many homes are available in 70036, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The 70036 real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The 70036 housing inventory by bedroom type for April 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 70036, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 70036 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 70036, LA

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 70036 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 70036; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

Newest Listings in 70036, LA

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