Living in Montgomery, LA
Montgomery, LA, is a charming small town that offers a friendly community atmosphere, rich history, and excellent outdoor activities. With its close-knit neighborhoods and access to essential amenities, it's an attractive option for families and investors. The blend of natural beauty and convenience enhances its appeal as a residential area.
Current Market Conditions in Montgomery, LA
The real estate market in Montgomery is characterized by affordable housing options, making it attractive for first-time buyers and investors looking for rental properties. Over the past year, property values have remained steady, indicating a stable market with potential for gradual appreciation.
Recent trends show an increase in interest from buyers looking for investment opportunities in quieter locales, driven by the desire for more space and affordability compared to urban centers. As remote work becomes more common, Montgomery's appeal is expected to grow, opening up new opportunities in the property market.
Home Value Estimator For Montgomery, LA
There are currently 654 real estate properties
in Montgomery, LA,
with a median automated valuation model (AVM) price
of $92,720.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montgomery, 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 Montgomery, LA,
is $113,010.00, with the most expensive house
in Montgomery, LA, topping out
at $850,000.00 and the cheapest home
in Montgomery, LA,
clocking in at $14,326.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montgomery, LA!
Rent Prices
In Montgomery, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montgomery, LA, is on
a rollercoaster ride. The
average rent price in Montgomery, LA,
is $925.00. Indeed, when looking to rent in
Montgomery, LA, you can expect to pay as little
as $510.00 or as much
as $1,840.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Montgomery, 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
