Is Kenner, 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, Kenner was a Seller's Market.
Key Takeaway
Kenner 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 Kenner, LA
How much do homes in Kenner, LA cost?
Median Sold Price
$265,047
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kenner have sold for 6% more than they did a year ago.
Summary: The median home sold price in Kenner was $265,047 in April 2024, up 6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $93.3K | -18.9% |
| 2 Bedrooms | $145K | $134.2K | -7.4% |
| 3 Bedrooms | $240K | $250K | +4.2% |
| 4 Bedrooms | $324.2K | $355K | +9.5% |
| 5+ Bedrooms | $419.5K | $442.5K | +5.5% |
Summary: Kenner housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Kenner | $248.1K | $265K | +6.8% |
| Kenner | $250K | $265K | +6.0% |
| Metairie | $305.7K | $314.2K | +2.8% |
| Saint Rose | $240K | $225K | -6.3% |
Housing Supply in Kenner, LA
How many homes are available in Kenner, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 199 | 218 | +9.5% |
Summary: The Kenner real estate market had 218 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 90 | 88 | -2.2% |
| 4 Bedrooms | 57 | 70 | +22.8% |
| 5+ Bedrooms | 26 | 32 | +23.1% |
Summary: The Kenner 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 8.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kenner, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Kenner in April 2024, down by 10.8% month-over-month. Of the 33 sold homes, 82% were sold under asking, 12% were sold at asking, and 6% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 52 Days | 39 Days | -23.7% |
Summary: Homes in Kenner had an average of 39 days on market in Apr 2024, down by 23.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kenner are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Kenner; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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