Is Abita Springs, 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, Abita Springs was a Neutral Market.
Housing Prices in Abita Springs, LA
How much do homes in Abita Springs, LA cost?
Median Sold Price
$300,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Abita Springs was $300,000 in April 2024, up 5.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77K | $165K | +114.3% |
2 Bedrooms | $205.5K | $196K | -4.6% |
3 Bedrooms | $275K | $299.9K | +9.1% |
4 Bedrooms | $505K | $394.7K | -21.8% |
5+ Bedrooms | $949K | $480K | -49.4% |
Summary: Abita Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.3%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes decreased by 49.4%.
Housing Supply in Abita Springs, LA
How many homes are available in Abita Springs, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Summary: The Abita Springs real estate market had 39 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Abita Springs 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Abita Springs in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Abita Springs, LA
How long does it take to sell a home in Abita Springs, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 65 Days | +541.1% |
Summary: Homes in Abita Springs had an average of 65 days on market in Apr 2024, up by 541.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Abita Springs; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.