New - 1 day on Rocket
$1,544 Closing Credit¹
#2485023, Sharon Cross, Listing Office: LATTER & BLUM (LATT30)
70127 Housing Market Report January 2025•Orleans County, Louisiana
Housing Prices in 70127, LA
How much do homes in 70127, LA cost?
Housing Market Conditions
Is 70127, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
70127 is a Buyer's Market
Difference Since January 2024
Since last year, 70127 has remained a Buyer's Market.
Insight
70127 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$181,450$96/SqFt
-$6,550
-3.5%
Based on all homes sold in the last 12 months
Insight
Homes in 70127 have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in 70127 was $181,450 in January 2025, down 3.5% from last year, and the median price per square foot was $96.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $119K | $130K | +9.2% |
| 33 Bedrooms | $172.5K | $172.5K | 0.0% |
| 44 Bedrooms | $210.7K | $190K | -9.8% |
| 55+ Bedrooms | $225K | $204K | -9.3% |
Summary: 70127 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -9.8%. The home price for 5 bedroom homes decreased by -9.3%.
Housing supply in 70127, LA
How many homes are available in 70127, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 80Last MonthJan 2025 | ||
| 712 months agoDec 2024 | +12.7 % Change MoMDec – Jan |
Summary: The 70127 real estate market had 80 homes for sale in Jan 2025, a 12.7 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 112 months agoDec 2024 | -54.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 33 | 44 | +33.3% |
| 44 Bedrooms | 18 | 20 | +11.1% |
| 55+ Bedrooms | 17 | 14 | -17.6% |
Summary: 70127 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 -33.3%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes decreased by -17.6%.
Asking Price vs. Sold Price
How much do homes in 70127, LA cost?
Over Asking Price0 Home
At Asking Price4 Homes
Under Asking Price1 Home
Insight
If you're buying a home in 70127, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 70127 in January 2025, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and and 0% were sold over asking.
Days on Market for 70127, LA
How long does it take to sell a home in 70127, LA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in 70127 has remained consistent over time.
Summary: During January 2025, 5 homes were sold in 70127; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 90 DaysThis YearJan 2025 | ||
| 44 Days1 year agoJan 2024 | +103.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 70127 had an average listing age of 90 days in Jan 2025, up by 103.3% compared to the previous year.
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Newest Listings in 70127, LA
What homes are available in 70127, LA?
New - 5 days on Rocket
$3,384 Closing Credit¹
#2485277, David Reso, Listing Office: Audubon Realty, LLC
New - 6 days on Rocket
$2,196 Closing Credit¹
#2484547, Jacob Saenz, Listing Office: United Real Estate Partners LLC
$2,956 Closing Credit¹
#2484677, Deloris Bridges, Listing Office: CBTEC SLIDELL
#2484560, James Thomas, Listing Office: Liberty One Realty, Inc.
$2,968 Closing Credit¹
#2484369, Dawn Holmes, Listing Office: Snap Realty
$950 Closing Credit¹
#2484254, Quintrice Edwards, Listing Office: Luxe Realty Brokerage Corporation
$2,078 Closing Credit¹
#2482854, Sara Galassi-Richards, Listing Office: Mirambell Realty
$3,076 Closing Credit¹
#2483590, Raeschelle Dawson, Listing Office: BHHS- United Properties
$1,508 Closing Credit¹
#2483818, Jared English, Listing Office: Congress Realty, Inc.
Backup offers
$2,672 Closing Credit¹
#2481027, Rickey Bolton Jr., Listing Office: Service 1st Real Estate
#2482504, Gizelda Toomer, Listing Office: McEnery Residential, LLC
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Based on information from ROAM MLS, for the period 02/01/2023 - 02/01/2025
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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.