New - 22 hours on Rocket
Bradley Cook, Listing Office: Stirling Properties
70431 Housing Market Report December 2024•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 December 2023
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
$275,000$160/SqFt
-$102,500
-27.2%
Based on all homes sold in the last 12 months
Insight
Homes in 70431 have sold for 27.2% less than they did a year ago.
Summary: The median home sold price in 70431 was $275,000 in December 2024, down 27.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $165K | $265K | +60.6% |
| 33 Bedrooms | $244K | $235K | -3.7% |
| 44 Bedrooms | $405K | $500K | +23.5% |
| 55+ Bedrooms | $425K | $680K | +60.0% |
Summary: 70431 housing price by bedroom type for December 2024, 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 decreased by -3.7%. The home price for 4 bedroom homes increased by +23.5%. The home price for 5 bedroom homes increased by +60.0%.
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 |
|---|---|---|
| 20Last MonthDec 2024 | ||
| 202 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The 70431 real estate market had 20 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthDec 2024 | ||
| 22 months agoNov 2024 | -50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 6 | 5 | -16.7% |
| 44 Bedrooms | 9 | 8 | -11.1% |
| 55+ Bedrooms | 3 | 4 | +33.3% |
Summary: 70431 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in 70431, LA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in 70431, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 70431 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% 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 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in 70431 has remained consistent over time.
Summary: During December 2024, 1 homes were sold in 70431; 0% of homes were sold within 30 days, 100% 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 |
|---|---|---|
| 87 DaysThis YearDec 2024 | ||
| 50 Days1 year agoDec 2023 | +74.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 70431 had an average listing age of 87 days in Dec 2024, up by 74.0% compared to the previous year.
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Newest Listings in 70431, LA
What homes are available in 70431, LA?
New - 1 day on Rocket
$1,128 Closing Credit¹
Casey Cannon, Listing Office: 1 Percent Lists Gulf South
Gianna Troncoso, Listing Office: KPG Realty, LLC
Backup offers
$3,183 Closing Credit¹
Erin Singletary, Listing Office: Keller Williams NOLA Northlake
$1,758 Closing Credit¹
Image Hasselbeck, Listing Office: Community RealEstate LLC
Backup offers
$2,909 Closing Credit¹
Caroline Larussa, Listing Office: CBTEC BEAU CHENE
$1,069 Closing Credit¹
Sandra Bondi, Listing Office: NOLA Real Estate 4-U, LLC
Steve Scoggin, Listing Office: Scoggin Properties, Inc.
$10,000 Closing Credit¹
Felicity Kahn, Listing Office: Berkshire Hathaway HomeServices Preferred, REALTOR
$4,691 Closing Credit¹
Patrick Roberts, Listing Office: CBTEC BEAU CHENE
$8,847 Closing Credit¹
Mark Chifici, Listing Office: United Real Estate Partners
Michelle Pennino, Listing Office: REMAX ALLIANCE
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Based on information from ROAM MLS, for the period 01/01/2023 - 01/01/2025
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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: 1/30/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.