Gramercy, LA Foreclosures
How much do homes sell for in Gramercy, LA?
The average home price is currently $208,897.
In Gramercy, LA, how many homes are available?
There are currently 47 active home listings available in Gramercy.
What’s the average rental cost in Gramercy, LA?
The average rental price in Gramercy is $1,314.
What is the most expensive home in Gramercy?
The most expensive home sold in Gramercy had a price of $975,500.
What is currently the cheapest priced home in Gramercy, LA?
The cheapest home for sale in Gramercy is priced at $11,800.
Living in Gramercy, LA
Gramercy, LA is a small, family-friendly town situated in St. James Parish right by the Mississippi River. It offers a tight-knit community, access to beautiful outdoor activities, and quality education for families. With its charming atmosphere, Gramercy is an ideal place for those looking to enjoy suburban living with a strong sense of community.
Current Market Conditions in Gramercy, LA
In Gramercy, the real estate market has shown steady growth due to its appealing suburban lifestyle and proximity to larger cities like Baton Rouge. Currently, homes are selling relatively quickly, with a mix of traditional homes and new construction attracting a variety of buyers, from families to retirees.
The market remains competitive, with an increasing number of buyers drawn to the area's historical charm and community events. As prices gradually rise, investing in properties here is becoming more appealing, but inventory levels can be limited, making it essential for buyers to act fast when they find a suitable home.
Home Value Estimator For Gramercy, LA
There are currently 1,205 real estate properties
in Gramercy, LA,
with a median automated valuation model (AVM) price
of $197,169.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gramercy, 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 Gramercy, LA,
is $208,897.00, with the most expensive house
in Gramercy, LA, topping out
at $975,500.00 and the cheapest home
in Gramercy, LA,
clocking in at $11,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gramercy, LA!
Rent Prices
In Gramercy, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gramercy, LA, is on
a rollercoaster ride. The
average rent price in Gramercy, LA,
is $1,314.00. Indeed, when looking to rent in
Gramercy, LA, you can expect to pay as little
as $630.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Gramercy, 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.