Melville, LA Foreclosures
How much do homes sell for in Melville, LA?
The average home price is currently $103,981.
In Melville, LA, how many homes are available?
There are currently 57 active home listings available in Melville.
What’s the average rental cost in Melville, LA?
The average rental price in Melville is $949.
What is the most expensive home in Melville?
The most expensive home sold in Melville had a price of $587,300.
What is currently the cheapest priced home in Melville, LA?
The cheapest home for sale in Melville is priced at $10,011.
Living in Melville, LA
Melville, Louisiana is a quaint town that offers a welcoming atmosphere and a slower pace of life. With a strong sense of community and easy access to outdoor activities, it is an ideal place for families and retirees alike. The town balances simplicity with the necessary access to urban conveniences when needed.
Current Market Conditions in Melville, LA
The real estate market in Melville is currently stable, showing steady growth over the past few months. Home prices have remained affordable, making it an attractive option for first-time homebuyers and retirees seeking a peaceful environment. As interest in smaller towns continues to rise, Melville's market is experiencing increased attention from individuals looking for homes with land.
Recent trends indicate a balanced inventory of homes for sale, with a mix of older properties and newer constructions. This allows for diverse options for buyers, ranging from charming historical homes to modern houses. The town's affordability compared to neighboring areas makes it appealing to those who desire a quiet lifestyle without sacrificing accessibility to amenities.
Home Value Estimator For Melville, LA
There are currently 354 real estate properties
in Melville, LA,
with a median automated valuation model (AVM) price
of $83,344.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Melville, 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 Melville, LA,
is $103,981.00, with the most expensive house
in Melville, LA, topping out
at $587,300.00 and the cheapest home
in Melville, LA,
clocking in at $10,011.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Melville, LA!
Rent Prices
In Melville, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Melville, LA, is on
a rollercoaster ride. The
average rent price in Melville, LA,
is $949.00. Indeed, when looking to rent in
Melville, LA, you can expect to pay as little
as $450.00 or as much
as $1,560.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Melville, 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.
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