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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvey is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Harvey has remained a Seller's Market.

Key Takeaway

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

How much do homes in Harvey, LA cost?

Median Sold Price

$218,893

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$16,893(+8.4%)

Key Takeaway

Homes in Harvey have sold for 8.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $84K$85K
+1.2%
2 $110K$126K
+14.5%
3 $185K$207.7K
+12.3%
4 $249K$252K
+1.2%
5+ $337.5K$327.5K
-3.0%

Median Sold Price Compared To Nearby Cities

Marrero
+14.6%
New Orleans
+11.6%
Harvey
+8.4%
Belle Chasse
+5.4%
Gretna
-2.2%

How many homes are available in Harvey, LA?

Number of Homes For Sale

Mar 2022Apr 2022%
114106-7.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 13
+200.0%
2 97
-22.2%
3 5551
-7.3%
4 4137
-9.8%
5+ 88
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
3532-8.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvey, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
12 Days15 Days+15.7%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harvey are selling fast, if you're buying plan to act quickly.

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

About Harvey, LA

Harvey, LA has 106 homes for sale to choose from. Between March 2022 and April 2022, Harvey, LA real estate market has seen decrease in the number of listings by 7%. In April 2022 median list price was $218,893 and the average listing age was 15 days. Listing prices have changed in this real estate market between March 2022 and April 2022: 1 bedroom properties prices increased by 1.2%, 2 bedrooms properties prices increased by 14.5%, 3 bedrooms properties prices increased by 12.3%, 4 bedrooms properties prices increased by 1.2%, 5 bedrooms properties became 3% more cheaper. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 200%, volume of 2 bedrooms homes went down by 22.2%, the quantity of 3 bedrooms homes went down by 7.3%, 4 bedrooms homes became 9.8% less available, 5 bedrooms homes did not move. While more than 16 listings in Harvey, LA in April 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below.

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