Elm Grove, LA Foreclosures
How much do homes sell for in Elm Grove, LA?
The average home price is currently $200,544.
In Elm Grove, LA, how many homes are available?
There are currently 2 active home listings available in Elm Grove.
What’s the average rental cost in Elm Grove, LA?
The average rental price in Elm Grove is $1,227.
What is the most expensive home in Elm Grove?
The most expensive home sold in Elm Grove had a price of $1,470,600.
What is currently the cheapest priced home in Elm Grove, LA?
The cheapest home for sale in Elm Grove is priced at $10,323.
Living in Elm Grove, LA
Elm Grove, LA is a charming, quiet town known for its friendly community atmosphere. This small town is ideal for families and anyone looking for a peaceful lifestyle while still being close to larger cities like Bossier City and Shreveport. With local amenities, parks, and a strong sense of community, Elm Grove offers a little bit of everything for its residents.
Current Market Conditions in Elm Grove, LA
The current real estate market in Elm Grove is stable, with a healthy balance of supply and demand. Recent trends indicate a steady increase in home values, making it a favorable time for sellers. However, buyers can still find affordable options in the area, as some homes remain competitively priced.
Recent statistics show an increase in new construction, suggesting that there is a growing interest in the area. Many families are drawn to Elm Grove due to its peaceful environment and solid school system, indicating an ongoing demand for housing in the town.
Home Value Estimator For Elm Grove, LA
There are currently 636 real estate properties
in Elm Grove, LA,
with a median automated valuation model (AVM) price
of $166,970.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elm Grove, 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 Elm Grove, LA,
is $200,544.00, with the most expensive house
in Elm Grove, LA, topping out
at $1,470,600.00 and the cheapest home
in Elm Grove, LA,
clocking in at $10,323.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elm Grove, LA!
Rent Prices
In Elm Grove, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elm Grove, LA, is on
a rollercoaster ride. The
average rent price in Elm Grove, LA,
is $1,227.00. Indeed, when looking to rent in
Elm Grove, LA, you can expect to pay as little
as $540.00 or as much
as $2,240.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Elm Grove, 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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