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Foreclosure Homes in Homer, LA 71040

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Homer, LA Foreclosures

How much do homes sell for in Homer, LA?
The average home price is currently $129,908.
In Homer, LA, how many homes are available?
There are currently 249 active home listings available in Homer.
What’s the average rental cost in Homer, LA?
The average rental price in Homer is $1,001.
What is the most expensive home in Homer?
The most expensive home sold in Homer had a price of $14,369,200.
What is currently the cheapest priced home in Homer, LA?
The cheapest home for sale in Homer is priced at $4,525.

Living in Homer, LA

Homer, LA, is a community-oriented town offering a blend of historical charm and outdoor activities. With excellent school options and a welcoming atmosphere, it attracts families and retirees alike. Ideal for real estate investment, Homer provides a serene living experience close to nature and essential amenities.

Current Market Conditions in Homer, LA

The real estate market in Homer, LA is stable with a modest increase in property values over the past few years. This trend is attributed to a growing interest in the area from families and retirees looking for affordable housing options in a serene setting.

Currently, the availability of homes ranges from low to mid-price points, offering great opportunities for investors seeking rental properties or affordable starter homes. The demand for houses remains steady, which suggests a strong potential for appreciation in property values.

Home Value Estimator For Homer, LA

There are currently 2,598 real estate properties in Homer, LA, with a median automated valuation model (AVM) price of $82,087.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Homer, 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 Homer, LA, is $129,908.00, with the most expensive house in Homer, LA, topping out at $14,369,200.00 and the cheapest home in Homer, LA, clocking in at $4,525.00. In other words, there’s something for every potential homebuyer or savvy investor in Homer, LA!

Rent Prices In Homer, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Homer, LA, is on a rollercoaster ride. The average rent price in Homer, LA, is $1,001.00. Indeed, when looking to rent in Homer, LA, you can expect to pay as little as $470.00 or as much as $2,360.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Homer, 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.

Homer, LA 71040 Foreclosures


Market Trend for Homer, LA

Total Listings Available: 249

Market Values:

Home Prices from $4,525 to $14,369,200

Average Sales Price: $129,908

Rental Values:

Rental from $470 to $2,360

Average Rent Value: $1,001 / month

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