Multi-family Foreclosures in Roanoke, LA

Current Market Conditions in Roanoke, LA

The real estate market in Roanoke, LA shows a stable demand with an increase in property values over the past year. Buyers are drawn to the area for its affordability and community-driven environment, making it a prime location for families and retirees alike. Homes are generally selling at reasonable prices, with a healthy turnover rate reflecting the town's allure.

Current market trends indicate a growing interest in Roanoke real estate, particularly among first-time homebuyers. The mix of historical homes and newer developments caters to various preferences while investors see potential in property appreciation.”],

market_change_month':'In the past month, the Roanoke real estate market has seen an increase in homes being listed and sold, indicating a positive trend in buyer activity. The demand appears to be driven by the influx of families seeking affordable housing options. As inventory increases, buyers have more choices, which may lead to more competitive pricing in the short term. However, the overall market remains favorable for sellers, bolstered by a solid foundation of community support and local amenities. Reports suggest a slight uptick in property values, notwithstanding, buyers continue to find attractive deals that make Roanoke enticing for their next home.

market_change_year':'Over the last year, Roanoke's real estate market has prospered, with a notable appreciation in home values due to the steady demand from new residents and investors. Numerous factors contribute to this growth, including the town’s accessibility, strong community bonds, and proximity to urban centers. Although there has been a slight increase in interest rates, they haven't substantially dampened the enthusiasm for home purchases in the area. Overall, the market remains robust and signifies a promising future for property investments in Roanoke.'

nearby_grocery_stores:['Walmart Supercenter','Kroger','Piggly Wiggly'],

nearby_schools':['Roanoke High School','Roanoke Elementary School','Jeff Davis Parish Alternative School'],

nearby_neighborhoods':['Cherry Grove','Railroad Town','Old Town Roanoke'],

nearby_parks':['Roanoke Park','Bayou Teche State Park','Birchwood Park'],

nearby_amenities:['Roanoke Public Library','Louisiana State Police Office','Civic Center'],

nearby_activities':['Fishing at local lakes','Hiking trails in nearby state parks','Community festivals and events'],

natural_hazards':['Flooding during heavy rains', 'Tornado risk due to geographical location'],

airports':['Lake Charles Regional Airport (30 miles)','Lafayette Regional Airport (40 miles)'],

public_transportation':['Local taxi services available','Occasional shuttle services to nearby cities'],

internet_providers':['AT&T','Cox Communications','Horizon Wireless'],

cellular_providers':['Verizon','T-Mobile','AT&T'],

home_samples':{

typical':{

street_address':'123 Main St','city':'Roanoke','state':'LA','zipcode':'70581','bedrooms':3,'bathrooms':2,'sqft':1500,'price':175000},

expensive':{

street_address':'456 Oak St','city':'Roanoke','state':'LA','zipcode':'70581','bedrooms':5,'bathrooms':4,'sqft':3500,'price':325000},

inexpensive':{

street_address':'789 Pine St','city':'Roanoke','state':'LA','zipcode':'70581','bedrooms':2,'bathrooms':1,'sqft':1000,'price':95000} } } } }

Rent Prices In Roanoke, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roanoke, LA, is on a rollercoaster ride. The average rent price in Roanoke, LA, is $1,109.00. Indeed, when looking to rent in Roanoke, LA, you can expect to pay as little as $810.00 or as much as $2,160.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Roanoke, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.