The 70005 housing market is not very competitive. The median sale price of a home in 70005 was $392K last month, up 3.2% since last year. The median sale price per square foot in 70005 is $243, up 2.7% since last year.
In April 2024, 70005 home prices were up 3.2% compared to last year, selling for a median price of $392K. On average, homes in 70005 sell after 90 days on the market compared to 55 days last year. There were 72 homes sold in April this year, down from 77 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$392,000
+3.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
70005, LA
$392,000
+3.2%
United States
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How hot is the 70005 housing market?
70005 is not very competitive. Homes sell in 83 days.
0
100
5
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 83 days.
Hot homes
can sell for around list price and go pending in around 45 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 70005 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 70005.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
70005 has an extreme risk of flooding. 4,147 properties in 70005 are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in 70005. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
70005 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 70005 is most at risk from hurricanes. 8,278 properties in 70005 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 192 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 211 mph.