Is Holly Grove, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Holly Grove has remained a Buyer's Market.
Housing Prices in Holly Grove, LA
How much do homes in Holly Grove, LA cost?
Median Sold Price
$183,500
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Holly Grove was $183,500 in April 2024, down 10.5% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $132.5K | -22.1% |
3 Bedrooms | $179.5K | $180K | 0.3% |
4 Bedrooms | $210K | $227K | +8.1% |
5+ Bedrooms | $300K | $370K | +23.3% |
Summary: Holly Grove 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 22.1%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Neighborhoods
Lakewood | $690K | $773.6K | +12.1% |
West Carrollton / Leonidas | $346K | $362K | +4.6% |
Gert Town | $297.5K | $295.5K | -0.7% |
Holly Grove | $205K | $183.5K | -10.5% |
Housing Supply in Holly Grove, LA
How many homes are available in Holly Grove, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 46 | +7.0% |
Summary: The Holly Grove real estate market had 46 homes for sale in April 2024, a 7.0% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Holly Grove 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 20%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Holly Grove in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Holly Grove, LA
How long does it take to sell a home in Holly Grove, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 54 Days | -4.8% |
Summary: Homes in Holly Grove had an average of 54 days on market in Apr 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Holly Grove; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.