Gilliam, LA Foreclosures
Current Market Conditions in in Gilliam, LA As of February 2026?
Over the past month, there have been slight fluctuations in housing prices in Gilliam, but the overall market remains stable. Homes in desirable locations within the town are receiving multiple offers, which signals a healthy level of interest among buyers. Inventory remains low, leading to competitive bidding on homes, especially those under $200,000.
How much do homes sell for in Gilliam, LA?
The average home price is currently $128,140.
In Gilliam, LA, how many homes are available?
There are currently 3 active home listings available in Gilliam.
What’s the average rental cost in Gilliam, LA?
The average rental price in Gilliam is $1,028.
What is the most expensive home in Gilliam?
The most expensive home sold in Gilliam had a price of $551,778.
What is currently the cheapest priced home in Gilliam, LA?
The cheapest home for sale in Gilliam is priced at $16,295.
Living in Gilliam, LA
Gilliam, Louisiana is a charming small town known for its friendly community and scenic countryside. With access to outdoor recreational activities and a strong educational system, it's an ideal location for families and retirees seeking a quieter lifestyle. Its proximity to Shreveport allows residents to enjoy both the tranquility of rural living and the conveniences of city life.
Buyer vs Seller Market in Gilliam, LA
As of late 2023, the real estate market in Gilliam is showing signs of stabilization with an increase in home values compared to the previous year. The demand for homes has been steady, attracting both locals and newcomers looking for affordable properties with charm and potential.
The market is still considered affordable, with a variety of properties available from modest single-family homes to larger estates, making it accessible for first-time homebuyers. Sellers have been seeing a more favorable time to list their homes, as interest rates have recently adjusted.
Home Value Estimator For Gilliam, LA
There are currently 115 real estate properties
in Gilliam, LA,
with a median automated valuation model (AVM) price
of $96,741.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gilliam, LA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gilliam, LA,
is $128,140.00, with the most expensive house
in Gilliam, LA, topping out
at $551,778.00 and the cheapest home
in Gilliam, LA,
clocking in at $16,295.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilliam, LA!
Rent Prices
In Gilliam, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilliam, LA, is on
a rollercoaster ride. The
average rent price in Gilliam, LA,
is $1,028.00. Indeed, when looking to rent in
Gilliam, LA, you can expect to pay as little
as $700.00 or as much
as $1,710.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Gilliam, 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.
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