Forest Hill, LA Foreclosures
How much do homes sell for in Forest Hill, LA?
The average home price is currently $162,584.
In Forest Hill, LA, how many homes are available?
There are currently 19 active home listings available in Forest Hill.
What’s the average rental cost in Forest Hill, LA?
The average rental price in Forest Hill is $1,115.
What is the most expensive home in Forest Hill?
The most expensive home sold in Forest Hill had a price of $798,748.
What is currently the cheapest priced home in Forest Hill, LA?
The cheapest home for sale in Forest Hill is priced at $11,650.
Living in Forest Hill, LA
Forest Hill, Louisiana, is a charming small town known for its tight-knit community and beautiful natural surroundings. With its picturesque landscapes and rich history, it's an ideal spot for those who appreciate a slower pace of life. The town offers various amenities, recreational activities, and a welcoming atmosphere, making it perfect for families and retirees alike.
Current Market Conditions in Forest Hill, LA
Forest Hill's real estate market has been relatively stable, characterized by modest growth and steady demand among homebuyers. The average home prices have shown slight increases over the past months, indicating a healthy market for sellers. Buyers often seek properties in Forest Hill for their affordability compared to nearby urban centers as well as the allure of rural living.
The demand for homes in Forest Hill has been bolstered by an influx of residents looking for more spacious living arrangements in light of the pandemic. This trend has fostered an increase in home renovations, attracting buyers willing to invest in the area.
Current additions of local businesses and amenities have raised expectations for continued market growth, suggesting a long-term potential for appreciating property values.
Home Value Estimator For Forest Hill, LA
There are currently 585 real estate properties
in Forest Hill, LA,
with a median automated valuation model (AVM) price
of $138,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Forest Hill, 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 Forest Hill, LA,
is $162,584.00, with the most expensive house
in Forest Hill, LA, topping out
at $798,748.00 and the cheapest home
in Forest Hill, LA,
clocking in at $11,650.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forest Hill, LA!
Rent Prices
In Forest Hill, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forest Hill, LA, is on
a rollercoaster ride. The
average rent price in Forest Hill, LA,
is $1,115.00. Indeed, when looking to rent in
Forest Hill, LA, you can expect to pay as little
as $600.00 or as much
as $1,930.00,
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 Forest Hill, 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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