Derry, LA Foreclosures
How much do homes sell for in Derry, LA?
The average home price is currently $108,260.
In Derry, LA, how many homes are available?
There are currently 4 active home listings available in Derry.
What’s the average rental cost in Derry, LA?
The average rental price in Derry is $932.
What is the most expensive home in Derry?
The most expensive home sold in Derry had a price of $244,340.
What is currently the cheapest priced home in Derry, LA?
The cheapest home for sale in Derry is priced at $31,947.
Living in Derry, LA
Derry, Louisiana is a quaint rural community located in the heart of Avoyelles Parish. Known for its close-knit atmosphere, the town offers a peaceful lifestyle with access to various amenities for residents. With its proximity to larger cities and natural attractions, Derry is an appealing destination for families and retirees alike.
Current Market Conditions in Derry, LA
The real estate market in Derry is stable, with a variety of homes available for both first-time buyers and those looking for investment properties. The demand for rural homes has been growing as more people seek out quiet, aesthetically pleasing areas to live in due to the pandemic. The relatively low housing prices compared to urban centers have also attracted buyers looking for affordable living options.
Currently, Derry's housing market shows a steady increase in home values, while the inventory of available homes remains limited. This trend indicates a favorable climate for sellers, but buyers may face challenges in finding their ideal properties.
Home Value Estimator For Derry, LA
There are currently 27 real estate properties
in Derry, LA,
with a median automated valuation model (AVM) price
of $99,631.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Derry, 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 Derry, LA,
is $108,260.00, with the most expensive house
in Derry, LA, topping out
at $244,340.00 and the cheapest home
in Derry, LA,
clocking in at $31,947.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Derry, LA!
Rent Prices
In Derry, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Derry, LA, is on
a rollercoaster ride. The
average rent price in Derry, LA,
is $932.00. Indeed, when looking to rent in
Derry, LA, you can expect to pay as little
as $710.00 or as much
as $1,480.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Derry, 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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