#2486054, Aimee Farrell, Listing Office: RE/MAX Living
70003 Housing Market Report January 2025•Jefferson County, Louisiana
Housing Prices in 70003, LA
How much do homes in 70003, LA cost?
Housing Market Conditions
Is 70003, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
70003 is a Buyer's Market
Difference Since January 2024
At the same time last year, 70003 was a Seller's Market.
70003 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 70003 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 70003 was $265,000 in January 2025, up 4.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $72.5K | $71K | -2.1% |
22 Bedrooms | $85K | $129.9K | +52.9% |
33 Bedrooms | $245K | $250K | +2.0% |
44 Bedrooms | $325K | $307.5K | -5.4% |
55+ Bedrooms | $370K | $389K | +5.1% |
Summary: 70003 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -2.1%. The home price for 2 bedroom homes increased by +52.9%. The home price for 3 bedroom homes increased by +2.0%. The home price for 4 bedroom homes decreased by -5.4%. The home price for 5 bedroom homes increased by +5.1%.
Housing supply in 70003, LA
How many homes are available in 70003, LA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
173Last MonthJan 2025 | ||
1552 months agoDec 2024 | +11.6 % Change MoMDec – Jan |
Summary: The 70003 real estate market had 173 homes for sale in Jan 2025, a 11.6 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
17Last MonthJan 2025 | ||
252 months agoDec 2024 | -32.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 4 | 0.0% |
22 Bedrooms | 15 | 14 | -6.7% |
33 Bedrooms | 77 | 91 | +18.2% |
44 Bedrooms | 48 | 53 | +10.4% |
55+ Bedrooms | 11 | 11 | 0.0% |
Summary: 70003 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -6.7%. The inventory for 3 bedroom homes increased by +18.2%. The inventory for 4 bedroom homes increased by +10.4%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 70003, LA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price13 Homes
If you're buying a home in 70003, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 70003 in January 2025, down by 32.0% month-over-month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and and 12% were sold over asking.
Days on Market for 70003, LA
How long does it take to sell a home in 70003, LA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days6 Homes
Over 90 Days4 Homes
Many homes in 70003 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 17 homes were sold in 70003; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
54 DaysThis YearJan 2025 | ||
62 Days1 year agoJan 2024 | -13.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 70003 had an average listing age of 54 days in Jan 2025, down by 13.3% compared to the previous year.
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Newest Listings in 70003, LA
What homes are available in 70003, LA?
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MLS Disclaimers and Copyright
Based on information from ROAM MLS, for the period 02/01/2023 - 02/01/2025
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.