Houma, LA Foreclosures
How much do homes sell for in Houma, LA?
The average home price is currently $209,533.
In Houma, LA, how many homes are available?
There are currently 786 active home listings available in Houma.
What’s the average rental cost in Houma, LA?
The average rental price in Houma is $1,312.
What is the most expensive home in Houma?
The most expensive home sold in Houma had a price of $22,455,166.
What is currently the cheapest priced home in Houma, LA?
The cheapest home for sale in Houma is priced at $10,020.
Living in Houma, LA
Houma, LA, is a cultural jewel of the bayou, offering a unique blend of Cajun and Creole influences. With a vibrant community, outdoor activities, and a growing economy, it provides residents with an engaging lifestyle. Explore Houma for its diverse cuisine, festivals, and beautiful natural surroundings.
Current Market Conditions in Houma, LA
Houma's real estate market has been steadily appreciating, driven by the demand for residential properties in this picturesque area. As more individuals and families are drawn to the unique lifestyle and economic opportunities, home prices have seen a positive trend, with average prices increasing in recent months.
The rental market has been equally robust, with increasing interest from out-of-state families relocating for work in the oil and gas industries. Investors are also eyeing the potential for rental income, further boosting market dynamics.
Overall, Houma presents a promising outlook for real estate, whether you are looking to buy, sell, or invest.
Home Value Estimator For Houma, LA
There are currently 26,138 real estate properties
in Houma, LA,
with a median automated valuation model (AVM) price
of $161,329.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Houma, 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 Houma, LA,
is $209,533.00, with the most expensive house
in Houma, LA, topping out
at $22,455,166.00 and the cheapest home
in Houma, LA,
clocking in at $10,020.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Houma, LA!
Rent Prices
In Houma, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Houma, LA, is on
a rollercoaster ride. The
average rent price in Houma, LA,
is $1,312.00. Indeed, when looking to rent in
Houma, LA, you can expect to pay as little
as $510.00 or as much
as $4,560.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Houma, 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
