Is Gretna, 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, Gretna was a Seller's Market.
Key Takeaway
Gretna is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Gretna, LA
How much do homes in Gretna, LA cost?
Median Sold Price
$227,900
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Gretna have sold for 7% less than they did a year ago.
Summary: The median home sold price in Gretna was $227,900 in April 2024, down 7% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $80K | -73.3% |
| 2 Bedrooms | $170.7K | $137K | -19.8% |
| 3 Bedrooms | $230K | $210K | -8.7% |
| 4 Bedrooms | $279.5K | $260K | -7.0% |
| 5+ Bedrooms | $312.4K | $290K | -7.2% |
Summary: Gretna housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 73.3%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Cities
| New Orleans | $336K | $325.1K | -3.2% |
| Harvey | $227.5K | $215K | -5.5% |
| Gretna | $245K | $227.9K | -7.0% |
Housing Supply in Gretna, LA
How many homes are available in Gretna, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 164 | 170 | +3.7% |
Summary: The Gretna real estate market had 170 homes for sale in April 2024, a 3.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 73 | 79 | +8.2% |
| 4 Bedrooms | 52 | 51 | -1.9% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Gretna 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 7.1%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gretna, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Gretna in April 2024, up by 3.7% month-over-month. Of the 28 sold homes, 46% were sold under asking, 21% were sold at asking, and 32% were sold over asking.
Days on Market for Gretna, LA
How long does it take to sell a home in Gretna, LA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 48 Days | +10.9% |
Summary: Homes in Gretna had an average of 48 days on market in Apr 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gretna are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in Gretna; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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