New - 3 days on Rocket
$4,501 Closing Credit¹
#2488698, Stephanie Best, Listing Office: Realty One Group Immobilia
70431 Housing Market Report February 2025•Saint Tammany County, Louisiana
Housing Prices in 70431, LA
How much do homes in 70431, LA cost?
Housing Market Conditions
Is 70431, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
70431 is a Buyer's Market
Difference Since February 2024
At the same time last year, 70431 was a Seller's Market.
Insight
70431 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$319,000$171/SqFt
-$72,250
-18.5%
Based on all homes sold in the last 12 months
Insight
Homes in 70431 have sold for 18.5% less than they did a year ago.
Summary: The median home sold price in 70431 was $319,000 in February 2025, down 18.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $165K | $265K | +60.6% |
| 33 Bedrooms | $200K | $270K | +35.0% |
| 44 Bedrooms | $407.5K | $504.5K | +23.8% |
| 55+ Bedrooms | $425K | $580.5K | +36.6% |
Summary: 70431 housing price by bedroom type for February 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 +60.6%. The home price for 3 bedroom homes increased by +35.0%. The home price for 4 bedroom homes increased by +23.8%. The home price for 5 bedroom homes increased by +36.6%.
Housing supply in 70431, LA
How many homes are available in 70431, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthFeb 2025 | ||
| 242 months agoJan 2025 | -4.2 % Change MoMJan – Feb |
Summary: The 70431 real estate market had 23 homes for sale in Feb 2025, a 4.2 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | -50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 55+ Bedrooms | 3 | 1 | -66.7% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 10 | 11 | +10.0% |
| 44 Bedrooms | 7 | 7 | 0.0% |
Summary: 70431 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -66.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 70431, LA cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in 70431, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 70431 in February 2025, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for 70431, LA
How long does it take to sell a home in 70431, LA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in 70431 has remained consistent over time.
Summary: During February 2025, 3 homes were sold in 70431; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearFeb 2025 | ||
| 83 Days1 year agoFeb 2024 | -46.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 70431 had an average listing age of 45 days in Feb 2025, down by 46.1% compared to the previous year.
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Newest Listings in 70431, LA
What homes are available in 70431, LA?
New - 4 days on Rocket
$9,797 Closing Credit¹
#2488055, Sean Mercer, Listing Office: Mercer Realty Group
New - 4 days on Rocket
$8,313 Closing Credit¹
#2473348, Charlotte Johnson, Listing Office: Keller Williams Realty Services
New - 7 days on Rocket
#2486950, Tammy Whitehead, Listing Office: LATTER & BLUM (LATT15)
$2,601 Closing Credit¹
#2488376, Robin Province, Listing Office: K2 Realty LLC
$2,244 Closing Credit¹
#2486140, Rhonda Lacoste, Listing Office: United Real Estate Partners LLC
$2,197 Closing Credit¹
#2487246, Laura Toney, Listing Office: Keller Williams Realty Services
$2,019 Closing Credit¹
#2486090, Lindsay Keen, Listing Office: Keller Williams Realty Services
#2485665, Cody Currier, Listing Office: 1 Percent Lists
#2484827, Bradley Cook, Listing Office: Stirling Properties
$1,128 Closing Credit¹
#2484777, Casey Cannon, Listing Office: 1 Percent Lists Gulf South
#2477495, Gianna Troncoso, Listing Office: KPG Realty, LLC
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Based on information from ROAM MLS, for the period 03/01/2023 - 03/01/2025
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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: 3/3/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.