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Foreclosure Homes in Erath, LA

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Erath, LA Foreclosures

How much do homes sell for in Erath, LA?
The average home price is currently $167,971.
In Erath, LA, how many homes are available?
There are currently 38 active home listings available in Erath.
What’s the average rental cost in Erath, LA?
The average rental price in Erath is $1,174.
What is the most expensive home in Erath?
The most expensive home sold in Erath had a price of $1,037,900.
What is currently the cheapest priced home in Erath, LA?
The cheapest home for sale in Erath is priced at $12,077.

Living in Erath, LA

Erath is a charming small town located in Vermilion Parish, Louisiana, known for its rich Cajun culture and tight-knit community. The town offers a peaceful lifestyle with access to beautiful wetlands and outdoor recreation. Erath is also conveniently located near larger towns for additional amenities.

Current Market Conditions in Erath, LA

Erath's real estate market has remained stable, with modest growth noted in home prices over the past year. Demand for housing in Erath has been consistent, particularly among families seeking a quieter lifestyle in a close-knit community. The area is seeing an interest from newcomers attracted to the region's cultural heritage and outdoor opportunities.

Currently, the market shows a balanced supply of homes, leading to favorable conditions for both buyers and sellers. Recent listings have reported relatively quick sales, indicating a healthy demand as families and retirees seek the tranquility that Erath offers.

Home Value Estimator For Erath, LA

There are currently 1,623 real estate properties in Erath, LA, with a median automated valuation model (AVM) price of $147,533.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erath, 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 Erath, LA, is $167,971.00, with the most expensive house in Erath, LA, topping out at $1,037,900.00 and the cheapest home in Erath, LA, clocking in at $12,077.00. In other words, there’s something for every potential homebuyer or savvy investor in Erath, LA!

Rent Prices In Erath, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erath, LA, is on a rollercoaster ride. The average rent price in Erath, LA, is $1,174.00. Indeed, when looking to rent in Erath, LA, you can expect to pay as little as $610.00 or as much as $2,380.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Erath, 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.

Erath, LA Foreclosures


Market Trend for Erath, LA

Total Listings Available: 38

Market Values:

Home Prices from $12,077 to $1,037,900

Average Sales Price: $167,971

Rental Values:

Rental from $610 to $2,380

Average Rent Value: $1,174 / month

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