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Preforeclosure Homes in Houma, LA 70360

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Houma, LA Foreclosures

Current Market Conditions in in Houma, LA As of March 2026?
In the past month, Houma's real estate market has continued to thrive, with a noticeable uptick in home sales driven by low interest rates and buyer confidence. Homes are typically staying on the market for a shorter duration, reflecting increased demand. Sellers are seeing more offers on their listings, indicating a robust market condition as local employment opportunities remain strong and population growth influences housing needs.
How much do homes sell for in Houma, LA?
The average home price is currently $205,896.
In Houma, LA, how many homes are available?
There are currently 7 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 $22,511,476.
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, located in Louisiana's Terrebonne Parish, is a culturally rich city known for its vibrant Cajun heritage and scenic landscapes. The area features a unique blend of urban conveniences and access to the great outdoors, making it appealing to families and professionals alike. With a strong economy tied to the oil and gas industry, as well as a growing number of local businesses, Houma balances tradition with modern living.

Buyer vs Seller Market in Houma, LA

The real estate market in Houma is currently showing signs of stability, with a slight increase in home values over the past few months. Buyers are actively seeking homes, and inventory remains low, leading to competitive bidding in certain areas.

The trend over the past year has seen an appreciation in home prices due to sustained demand and a recovering economy following the pandemic. Investors are taking interest in both residential and commercial properties, spurring new developments.

Home Value Estimator For Houma, LA

There are currently 26,145 real estate properties in Houma, LA, with a median automated valuation model (AVM) price of $156,258.00. 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 $205,896.00, with the most expensive house in Houma, LA, topping out at $22,511,476.00 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.

Houma, LA 70360 Preforeclosure Homes

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