Is Chalmette, 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, Chalmette was a Seller's Market.
Housing Prices in Chalmette, LA
How much do homes in Chalmette, LA cost?
Median Sold Price
$238,750
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chalmette was $238,750 in April 2024, up 1.5% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $149.5K | $147.5K | -1.3% |
3 Bedrooms | $226.8K | $226K | -0.4% |
4 Bedrooms | $290K | $277.2K | -4.4% |
5+ Bedrooms | $252K | $275K | +9.1% |
Summary: Chalmette 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 1.3%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Cities
Arabi | $290.5K | $302.5K | +4.1% |
Chalmette | $235.1K | $238.7K | +1.5% |
New Orleans | $336K | $325.1K | -3.2% |
Meraux | $268K | $239K | -10.8% |
Housing Supply in Chalmette, LA
How many homes are available in Chalmette, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 111 | +9.9% |
Summary: The Chalmette real estate market had 111 homes for sale in April 2024, a 9.9% 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 | 6 | 9 | +50.0% |
3 Bedrooms | 53 | 61 | +15.1% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Chalmette 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 50%, 3 bedroom homes increased by 15.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Chalmette in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for Chalmette, LA
How long does it take to sell a home in Chalmette, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 77 Days | +32.3% |
Summary: Homes in Chalmette had an average of 77 days on market in Apr 2024, up by 32.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Chalmette; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.