The 70002 housing market is somewhat competitive. The median sale price of a home in 70002 was $340K last month, up 4.6% since last year. The median sale price per square foot in 70002 is $163, down 19.1% since last year.
In March 2024, 70002 home prices were up 4.6% compared to last year, selling for a median price of $340K. On average, homes in 70002 sell after 55 days on the market compared to 71 days last year. There were 39 homes sold in March this year, up from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$340,000
+4.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
70002, LA
$340,000
+4.6%
United States
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How hot is the 70002 housing market?
70002 is somewhat competitive. Homes sell in 53 days.
0
100
35
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 53 days.
Hot homes
can sell for about 1% below list price and go pending in around 32 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 70002 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 70002.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
70002 has an extreme risk of flooding. 4,147 properties in 70002 are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in 70002. 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
70002 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 70002 is most at risk from hurricanes. 8,278 properties in 70002 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.