Elmer, LA Foreclosures
How much do homes sell for in Elmer, LA?
The average home price is currently $150,383.
In Elmer, LA, how many homes are available?
There are currently 2 active home listings available in Elmer.
What’s the average rental cost in Elmer, LA?
The average rental price in Elmer is $1,107.
What is the most expensive home in Elmer?
The most expensive home sold in Elmer had a price of $529,487.
What is currently the cheapest priced home in Elmer, LA?
The cheapest home for sale in Elmer is priced at $14,401.
Living in Elmer, LA
Elmer, LA is a serene rural community that provides residents with a peaceful lifestyle in close proximity to nature. Known for its strong community ties, Elmer offers access to local amenities while retaining a friendly, small-town atmosphere. It's an ideal location for families and individuals seeking a quieter way of life.
Current Market Conditions in Elmer, LA
The real estate market in Elmer, LA has been stable, with a balanced mix of demand and supply. Home prices have remained relatively affordable compared to urban areas, attracting families and retirees looking for a home in a peaceful setting. The community's charm and greenery continue to appeal to those wanting to escape the hustle and bustle of city living.
Recent trends indicate a slight uptick in home sales as more individuals seek homes away from the dense urban centers, especially post-pandemic. The area is seeing a steady appreciation in property values, suggesting a healthy investment environment. Potential buyers are increasingly considering Elmer for its combination of tranquility and accessibility.
Home Value Estimator For Elmer, LA
There are currently 358 real estate properties
in Elmer, LA,
with a median automated valuation model (AVM) price
of $127,982.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elmer, 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 Elmer, LA,
is $150,383.00, with the most expensive house
in Elmer, LA, topping out
at $529,487.00 and the cheapest home
in Elmer, LA,
clocking in at $14,401.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elmer, LA!
Rent Prices
In Elmer, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elmer, LA, is on
a rollercoaster ride. The
average rent price in Elmer, LA,
is $1,107.00. Indeed, when looking to rent in
Elmer, LA, you can expect to pay as little
as $590.00 or as much
as $2,010.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Elmer, 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.