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Cheap Homes in Houma, LA

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Living in Houma, LA

Located in the heart of Louisiana's bayou region, Houma is a thriving city known for its cultural richness and outdoor recreational activities. With a growing economy and a range of community amenities, Houma offers a unique lifestyle blend that’s perfect for families and investors. The city's friendly atmosphere, local festivals, and educational options make it a great place to live and invest.

Current Market Conditions in Houma, LA

The Houma real estate market is experiencing a rebound, with many homes seeing increases in value as the local economy continues to grow. With an influx of people relocating for jobs and the appeal of the area, demand for housing is on the rise, offering a favorable environment for investors.

Currently, properties in Houma can be acquired at various price points, making it accessible for first-time buyers and seasoned investors. The market features a mix of traditional homes and new constructions, providing diverse investment opportunities for those looking to enter or expand in this promising area.

Home Value Estimator For Houma, LA

There are currently 23,423 real estate properties in Houma, LA, with a median automated valuation model (AVM) price of $163,000.00. 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 $192,503.00, with the most expensive house in Houma, LA, topping out at $3,620,277.00 and the cheapest home in Houma, LA, clocking in at $10,009.00. 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 $1,313.00. 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 $1,250.00. 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.

Cheap Homes in Houma, LA


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