The 70116 housing market is not very competitive. The median sale price of a home in 70116 was $296K last month, down 18.8% since last year. The median sale price per square foot in 70116 is $211, down 36.6% since last year.
In April 2024, 70116 home prices were down 18.8% compared to last year, selling for a median price of $296K. On average, homes in 70116 sell after 125 days on the market compared to 70 days last year. There were 34 homes sold in April this year, down from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$296,250
-18.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
70116, LA
$296,250
-18.8%
United States
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How hot is the 70116 housing market?
70116 is not very competitive. Homes sell in 115.5 days.
0
100
9
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 7% below list price and go pending in around 116 days.
Hot homes
can sell for about 1% below list price and go pending in around 50 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 70116 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 70116.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
70116 has an extreme risk of flooding. 3,577 properties in 70116 are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in 70116. 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
70116 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 70116 is most at risk from hurricanes. 5,251 properties in 70116 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 216 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 234 mph.