New - 4 hours on Rocket
$2,256 Closing Credit¹
Brian Gros, Listing Office: 1st BMG REALTY, L.L.C.
Marrero Housing Market Report December 2024•Jefferson County, Louisiana
Housing Prices in Marrero, LA
How much do homes in Marrero, LA cost?
Housing Market Conditions
Is Marrero, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Marrero is a Seller's Market
Difference Since December 2023
Since last year, Marrero has remained a Seller's Market.
Insight
Marrero is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$218,296$144/SqFt
+$2,004
+0.9%
Based on all homes sold in the last 12 months
Insight
Homes in Marrero have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Marrero was $218,296 in December 2024, up 0.9% from last year, and the median price per square foot was $144.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Jean Lafitte | $145.1K | $236.8K | +63.2% |
| Harvey | $215K | $218.4K | +1.6% |
| Marrero | $216.2K | $218.2K | +0.9% |
| Belle Chasse | $370.2K | $365.3K | -1.3% |
| Westwego | $189K | $181K | -4.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $80K | $75K | -6.3% |
| 22 Bedrooms | $140K | $150K | +7.1% |
| 33 Bedrooms | $210K | $206.7K | -1.5% |
| 44 Bedrooms | $273.7K | $252.5K | -7.8% |
| 55+ Bedrooms | $410K | $292.4K | -28.7% |
Summary: Marrero housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -6.3%. The home price for 2 bedroom homes increased by +7.1%. The home price for 3 bedroom homes decreased by -1.5%. The home price for 4 bedroom homes decreased by -7.8%. The home price for 5 bedroom homes decreased by -28.7%.
Housing supply in Marrero, LA
How many homes are available in Marrero, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 164Last MonthDec 2024 | ||
| 1722 months agoNov 2024 | -4.7 % Change MoMNov – Dec |
Summary: The Marrero real estate market had 164 homes for sale in Dec 2024, a 4.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 34Last MonthDec 2024 | ||
| 332 months agoNov 2024 | +3.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 11 | 12 | +9.1% |
| 33 Bedrooms | 104 | 99 | -4.8% |
| 44 Bedrooms | 49 | 46 | -6.1% |
| 55+ Bedrooms | 8 | 6 | -25.0% |
Summary: Marrero housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes decreased by -4.8%. The inventory for 4 bedroom homes decreased by -6.1%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Marrero, LA cost?
Over Asking Price5 Homes
At Asking Price11 Homes
Under Asking Price18 Homes
Insight
If you're buying a home in Marrero, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Marrero in December 2024, up by 3.0% month-over-month. Of the 34 sold homes, 53% were sold under asking, 32% were sold at asking, and and 15% were sold over asking.
Days on Market for Marrero, LA
How long does it take to sell a home in Marrero, LA?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days14 Homes
Over 90 Days5 Homes
Insight
Many homes in Marrero are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 34 homes were sold in Marrero; 44% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 51 DaysThis YearDec 2024 | ||
| 49 Days1 year agoDec 2023 | +2.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Marrero had an average listing age of 51 days in Dec 2024, up by 2.9% compared to the previous year.
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Newest Listings in Marrero, LA
What homes are available in Marrero, LA?
New - 1 day on Rocket
$2,375 Closing Credit¹
Angelique Sterling, Listing Office: KELLER WILLIAMS REALTY 455-0100
New - 1 day on Rocket
$5,011 Closing Credit¹
Michael Foret, Listing Office: JBL Homes of Louisiana, LLC
New - 2 days on Rocket
$4,988 Closing Credit¹
Stephanie Morris, Listing Office: MS Realty, LLC
New - 2 days on Rocket
Chante Lewis, Listing Office: NOLA Living Realty
New - 3 days on Rocket
$2,719 Closing Credit¹
April Brown, Listing Office: Hospitality Realty
New - 4 days on Rocket
Walter King, Listing Office: C-21 Richard Berry & Assoc,Inc
New - 6 days on Rocket
$1,722 Closing Credit¹
Lauren Usey, Listing Office: Blue Heron Realty
New - 7 days on Rocket
Cody Leboeuf, Listing Office: 1% Lists Realty Professionals
New - 7 days on RocketBackup offers
$3,551 Closing Credit¹
Christina King Noto, Listing Office: NOLA Living Realty
$1,959 Closing Credit¹
Leslie Ellison, Listing Office: Boyd Realtors, LLC
Backup offers
$4,453 Closing Credit¹
Holly Cook Barousse, Listing Office: Sound Realty LLC
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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: 1/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.