Is 70443, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 70443 was a Seller's Market.
Key Takeaway
70443 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 70443, LA
How much do homes in 70443, LA cost?
Median Sold Price
$192,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 70443 has remained the same since last year.
Summary: The median home sold price in 70443 was $192,500 in April 2024, down 0.1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | - | N/A |
| 2 Bedrooms | $112K | $130K | +16.1% |
| 3 Bedrooms | $217.1K | $180K | -17.1% |
| 4 Bedrooms | $292.4K | $337.5K | +15.4% |
| 5+ Bedrooms | - | $475K | N/A |
Summary: 70443 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.1%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes did not change.
Housing Supply in 70443, LA
How many homes are available in 70443, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The 70443 real estate market had 20 homes for sale in April 2024, a 9.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 70443 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 70443, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 70443 in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 70443, LA
How long does it take to sell a home in 70443, LA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 81 Days | 15 Days | -81.6% |
Summary: Homes in 70443 had an average of 15 days on market in Apr 2024, down by 81.6% compared to last year.
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
Key Takeaway
Many homes in 70443 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in 70443; 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.
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