Is Kenner, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kenner was a Seller's Market.
Housing Prices in Kenner, LA
How much do homes in Kenner, LA cost?
Median Sold Price
$265,019
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kenner was $265,019 in March 2024, up 6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.2K | $129.8K | +13.7% |
2 Bedrooms | $145K | $134.2K | -7.4% |
3 Bedrooms | $240K | $250K | +4.2% |
4 Bedrooms | $329K | $346K | +5.2% |
5+ Bedrooms | $415K | $432.5K | +4.2% |
Summary: Kenner housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in Kenner, LA
How many homes are available in Kenner, LA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
177 | 208 | +17.5% |
Summary: The Kenner real estate market had 208 homes for sale in March 2024, a 17.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 83 | 94 | +13.3% |
4 Bedrooms | 54 | 61 | +13.0% |
5+ Bedrooms | 19 | 28 | +47.4% |
Summary: The Kenner housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 47.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 33 | 0.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Kenner in March 2024, the same as the previous month. Of the 33 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Kenner, LA
How long does it take to sell a home in Kenner, LA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 38 Days | -3.5% |
Summary: Homes in Kenner had an average of 38 days on market in Mar 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in Kenner; 64% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.