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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ama is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ama has remained a Seller's Market.

Key Takeaway

Ama is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ama, LA

How much do homes in Ama, LA cost?

Median Sold Price

$120,000

$46/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$88,000(-42.3%)

Key Takeaway

Homes in Ama have sold for 42.3% less than they did a month ago.

Summary: The median home sold price in Ama was $120,000 in April 2024, down 42.3% from last month, and the median price per square foot was $46.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $208K-
N/A
4 --
N/A
5+ -$120K
N/A

Summary: Ama 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ama, LA

How many homes are available in Ama, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
74-42.9%

Summary: The Ama real estate market had 4 homes for sale in April 2024, a 42.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 52
-60.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Ama 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 decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

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 Ama, 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 Ama in April 2024, down by 66.7% month-over-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 Ama, LA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
78 Days89 Days+13.1%

Summary: Homes in Ama had an average of 89 days on market in Apr 2024, up by 13.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ama has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Ama; 0% of homes were sold within 30 days, 100% 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 15 Days Ago

Newest Listings in Ama, LA

Nearby Markets to Ama, LA

What housing markets are near Ama, LA?