Housing Prices in 71040, LA
How much do homes in 71040, LA cost?
Median List Price
$218,700
$78/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 71040 has increased by 1% since last year.
Summary: The median home list price in 71040 was $218,700 in April 2024, up 1% from the previous year, and the median price per square foot was $78.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $48.5K | $60K | +23.7% |
| 3 Bedrooms | $215K | $218.7K | +1.7% |
| 4 Bedrooms | $475K | $356K | -25.1% |
| 5+ Bedrooms | - | $437.5K | N/A |
Summary: 71040 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 23.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 25.1%, and 5+ bedroom homes did not change.
Housing Supply in 71040, LA
How many homes are available in 71040, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Summary: The 71040 real estate market had 14 homes for sale in April 2024, a 55.6% increase 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 | 2 | -33.3% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 71040 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 decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 71040, LA
How long does it take to sell a home in 71040, LA?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 128 Days | 56 Days | -56.1% |
Summary: Homes in 71040 had an average listing age of 56 days in Apr 2024, down by 56.1% compared to the previous year.
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