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 charming town along the Mississippi River with a rich cultural heritage. The town offers a relaxed, family-friendly atmosphere with access to essential amenities and outdoor activities. Residents enjoy a close-knit community with good schools and nearby recreational options.
Current Market Conditions in Gramercy, LA
The real estate market in Gramercy, LA, is currently experiencing moderate activity with stable prices. The market has shown resilience, with housing demand remaining consistent. Potential buyers are attracted to the area's charm and community atmosphere, while local sellers benefit from favorable conditions for closing deals.
In terms of market demographics, there is a healthy mix of new families, retirees, and traditional homeowners, indicating solid market diversity. Real estate prices are anticipated to appreciate gradually as the town becomes increasingly appealing for investment due to ongoing community developments.
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.
Learn more on Foreclosure homes
