70607 Home Values & Market Trends

There are 103 homes currently listed for 70607. 70607 real estate market trends show that home prices range from $38,900 to $3,102,021, and the median sales price in the 70607 zip code is $164,461.02. The total number of properties sold within the past twelve months is 214. In 70607, 15 properties are in foreclosure, 3 are bank owned properties,and 10 are headed for auction.

Housing Market Summary for 70607

Apr 2023March 2024Change
Median Listing Price$175K$152.7K-12.74%
Median Sold Price$116K$152.7K31.65%
Homes For Sale9010314.44%
Homes Sold10493-10.58%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 70607

The median list price of a home in Lake Charles, is $164,461.02. A total of 103 properties are for sale, and the percentage of properties for sale in the zip code is 103.00%. The total count of 70607 properties is 8,068.

Foreclosure
There is 1 cities within 70607; within this cities, the median estimated home value for homes in foreclosure ranges from $409,192 in lake charles to the lowest value of $45,774 in lake charles. Foreclosure homes account for 0.00% of properties in 70607 with lake charles containing 53 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in 70607 with lake charles containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 70607; of that cities, the estimated home value for pre-foreclosure homes ranges from $383,273 in lake charles to the lowest home value of $50,259 in lake charles.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 70607 ranges from the highest value of $220,322 in lake charles to the lowest value of $46,406 in lake charles. Bank owned homes and properties account for 0.04% of properties in 70607. There is 1 cities within 70607; lake charles containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lake charles has 32 auction properties, the highest number of properties going to auction in a single city in the state of 70607. Auction homes and other auction properties account for 0.12% of all properties in 70607. There is 1 cities within 70607; of that cities, the median estimated home value for homes going to auction ranges from $409,192 in lake charles to the lowest value of $45,774 in lake charles.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.28% of residential properties in 70607 with lake charles containing 484 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 70607; homes for sale in that cities, have a range of median values from $3,968,179 in lake charles to the lowest value of $27,433 in lake charles.
    Sold Homes
    The median value for recently sold homes ranges from $2,222,438 in lake charles to the lowest price of $18,434 in lake charles. There is 1 cities within 70607. lake charles has 503 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.00% of properties in 70607.

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      Guide for 70607

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.