Single-family Foreclosures in Broussard, LA 70518

Current Market Conditions in Broussard, LA

The real estate market in Broussard has shown steady growth over the past year, with an increasing number of families moving to the area for its quality of life and affordability. Homes in Broussard often see a good return on investment due to the rising demand, particularly among first-time buyers and young professionals.

As of late 2023, the market is particularly favorable for sellers, as there is a shortage of inventory leading to competitive bidding and higher home prices. Buyers may need to act quickly to secure a home in this desirable location.

Rent Prices In Broussard, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Broussard, LA, is on a rollercoaster ride. The average rent price in Broussard, LA, is $1,463.00. Indeed, when looking to rent in Broussard, LA, you can expect to pay as little as $560.00 or as much as $2,930.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Broussard, 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.