Housing Prices in 71051, LA

How much do homes in 71051, LA cost?

Median List Price

$206,000

$168/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$83,999(-29.0%)

Key Takeaway

The list price of homes in 71051 has decreased by 29% since last year.

Summary: The median home list price in 71051 was $206,000 in April 2024, down 29% from the previous year, and the median price per square foot was $168.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $159K$119.9K
-24.6%
3 $259K$153K
-40.9%
4 --
N/A
5+ $950K$1.1M
+23.7%

Summary: 71051 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 decreased by 24.6%, 3 bedroom homes decreased by 40.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 23.7%.

Median List Price Compared To Nearby Zip Codes

71068
+100.0%
71115
+10.2%
71023
+2.7%
71112
+1.3%
71051
-29.0%

Housing Supply in 71051, LA

How many homes are available in 71051, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The 71051 real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

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

Summary: The 71051 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 remained the same, and 5+ bedroom homes remained the same.

Days on Market for 71051, LA

How long does it take to sell a home in 71051, LA?

Average Listing Age

Apr 2023Apr 2024CHANGE
68 Days138 Days+103.4%

Summary: Homes in 71051 had an average listing age of 138 days in Apr 2024, up by 103.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in 71051, LA

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