Iota, LA Foreclosures
How much do homes sell for in Iota, LA?
The average home price is currently $133,441.
In Iota, LA, how many homes are available?
There are currently 17 active home listings available in Iota.
What’s the average rental cost in Iota, LA?
The average rental price in Iota is $997.
What is the most expensive home in Iota?
The most expensive home sold in Iota had a price of $680,703.
What is currently the cheapest priced home in Iota, LA?
The cheapest home for sale in Iota is priced at $11,326.
Living in Iota, LA
Iota, LA, is a quaint and welcoming small town located in Acadia Parish. With a rich sense of community and a slower pace of life, it offers a comfortable rural lifestyle along with easy access to nearby larger cities. Residents enjoy outdoor activities and local events, making it a perfect spot for families and retirees seeking tranquility.
Current Market Conditions in Iota, LA
The real estate market in Iota, LA, is currently showing a stable trend. There’s a balance between supply and demand, with home prices remaining relatively steady over the past few months. The town has been experiencing a slow but consistent interest from homebuyers, particularly those looking for affordable housing options in a rural setting. Since many buyers are seeking peaceful areas away from urban congestion, Iota is becoming an attractive candidate, especially for families and retirees.
Current year-to-date trend analysis reveals that home prices in Iota have remained competitive, driven by an influx of new residents attracted to the area’s community spirit and outdoor lifestyle. Despite being a small town, key factors such as low inventory levels and varying housing styles have contributed positively to the market, with new listings often receiving multiple offers.
Home Value Estimator For Iota, LA
There are currently 1,110 real estate properties
in Iota, LA,
with a median automated valuation model (AVM) price
of $126,164.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Iota, 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 Iota, LA,
is $133,441.00, with the most expensive house
in Iota, LA, topping out
at $680,703.00 and the cheapest home
in Iota, LA,
clocking in at $11,326.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Iota, LA!
Rent Prices
In Iota, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Iota, LA, is on
a rollercoaster ride. The
average rent price in Iota, LA,
is $997.00. Indeed, when looking to rent in
Iota, LA, you can expect to pay as little
as $470.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Iota, 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.