Mermentau, LA Foreclosures
How much do homes sell for in Mermentau, LA?
The average home price is currently $101,512.
In Mermentau, LA, how many homes are available?
There are currently 3 active home listings available in Mermentau.
What’s the average rental cost in Mermentau, LA?
The average rental price in Mermentau is $891.
What is the most expensive home in Mermentau?
The most expensive home sold in Mermentau had a price of $253,589.
What is currently the cheapest priced home in Mermentau, LA?
The cheapest home for sale in Mermentau is priced at $30,102.
Living in Mermentau, LA
Mermentau, Louisiana is a peaceful rural community known for its close-knit atmosphere and rich cultural heritage. The surrounding natural beauty offers a serene lifestyle perfect for families and outdoor enthusiasts alike. With local amenities and community events that celebrate Louisiana’s culture, Mermentau is a charming place to call home.
Current Market Conditions in Mermentau, LA
The real estate market in Mermentau is currently characterized by a steady demand for homes despite its small size. The majority of properties tend to be single-family homes, many of which feature larger lots and rural charm. This demand has kept home prices relatively stable and affordable compared to urban areas, attracting both new residents and those looking for vacation homes or investment properties.
As the area continues to appeal to those looking for a quieter lifestyle, there is a growing interest in properties that offer land and outdoor space. This trend is mirrored by a broader national movement towards rural living, influenced by the rise of remote work options and a search for more space and affordability.
Home Value Estimator For Mermentau, LA
There are currently 34 real estate properties
in Mermentau, LA,
with a median automated valuation model (AVM) price
of $78,355.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mermentau, 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 Mermentau, LA,
is $101,512.00, with the most expensive house
in Mermentau, LA, topping out
at $253,589.00 and the cheapest home
in Mermentau, LA,
clocking in at $30,102.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mermentau, LA!
Rent Prices
In Mermentau, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mermentau, LA, is on
a rollercoaster ride. The
average rent price in Mermentau, LA,
is $891.00. Indeed, when looking to rent in
Mermentau, LA, you can expect to pay as little
as $500.00 or as much
as $1,180.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Mermentau, 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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