Buras, LA Foreclosures
How much do homes sell for in Buras, LA?
The average home price is currently $136,706.
In Buras, LA, how many homes are available?
There are currently 34 active home listings available in Buras.
What’s the average rental cost in Buras, LA?
The average rental price in Buras is $1,370.
What is the most expensive home in Buras?
The most expensive home sold in Buras had a price of $995,428.
What is currently the cheapest priced home in Buras, LA?
The cheapest home for sale in Buras is priced at $10,149.
Living in Buras, LA
Buras, Louisiana is a quaint community with strong ties to the fishing industry and rich cultural heritage. Known for its southern hospitality and beautiful river views, it offers a serene lifestyle paired with outdoor activities such as fishing and boating. Residents enjoy local seafood and a close-knit community atmosphere.
Current Market Conditions in Buras, LA
The real estate market in Buras is currently stable, with a gradual increase in home values over the past few months. Houses tend to be affordable, appealing to both first-time home buyers and investors looking for properties in a serene environment. Community development initiatives are slowly attracting new residents, contributing to a healthy market significance.
Seasonal activities influence the real estate dynamics, especially during fishing seasons when demand for rental properties increases. Interest in vacation homes also remains steady, benefiting from Buras's proximity to scenic areas.
Home Value Estimator For Buras, LA
There are currently 434 real estate properties
in Buras, LA,
with a median automated valuation model (AVM) price
of $107,080.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buras, 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 Buras, LA,
is $136,706.00, with the most expensive house
in Buras, LA, topping out
at $995,428.00 and the cheapest home
in Buras, LA,
clocking in at $10,149.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buras, LA!
Rent Prices
In Buras, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buras, LA, is on
a rollercoaster ride. The
average rent price in Buras, LA,
is $1,370.00. Indeed, when looking to rent in
Buras, LA, you can expect to pay as little
as $650.00 or as much
as $3,160.00,
with the average rent median estimated to
be $1,270.00. The good news is that finding
an affordable and desirable property to rent in Buras, 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.
Learn more on Foreclosure homes
