Monterey, LA Foreclosures
How much do homes sell for in Monterey, LA?
The average home price is currently $150,850.
In Monterey, LA, how many homes are available?
There are currently 22 active home listings available in Monterey.
What’s the average rental cost in Monterey, LA?
The average rental price in Monterey is $1,178.
What is the most expensive home in Monterey?
The most expensive home sold in Monterey had a price of $666,600.
What is currently the cheapest priced home in Monterey, LA?
The cheapest home for sale in Monterey is priced at $10,688.
Living in Monterey, LA
Monterey, LA is a charming small town with a strong sense of community and southern hospitality. Its lush natural surroundings make it perfect for outdoor activities while still providing the amenities needed for comfortable living. The town is a peaceful retreat that offers a slower pace of life close to nature.
Current Market Conditions in Monterey, LA
The real estate market in Monterey, LA is currently experiencing a surge in demand as more people seek affordable housing options away from larger urban centers. Home prices have stabilized, and inventory levels remain low, creating a competitive environment for buyers. This trend is leading to increased interest from investors, particularly those looking for rental properties.
The area has seen a gradual appreciation in property values over the past few years, and as new developments begin to emerge, the potential for future growth seems promising. The town's appeal as a quiet yet accessible location is attracting families and retirees alike, further driving demand.
Home Value Estimator For Monterey, LA
There are currently 443 real estate properties
in Monterey, LA,
with a median automated valuation model (AVM) price
of $116,083.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monterey, 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 Monterey, LA,
is $150,850.00, with the most expensive house
in Monterey, LA, topping out
at $666,600.00 and the cheapest home
in Monterey, LA,
clocking in at $10,688.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monterey, LA!
Rent Prices
In Monterey, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monterey, LA, is on
a rollercoaster ride. The
average rent price in Monterey, LA,
is $1,178.00. Indeed, when looking to rent in
Monterey, LA, you can expect to pay as little
as $660.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Monterey, 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.
Learn more on Foreclosure homes
