Palmetto, LA Foreclosures
How much do homes sell for in Palmetto, LA?
The average home price is currently $98,337.
In Palmetto, LA, how many homes are available?
There are currently 2 active home listings available in Palmetto.
What’s the average rental cost in Palmetto, LA?
The average rental price in Palmetto is $910.
What is the most expensive home in Palmetto?
The most expensive home sold in Palmetto had a price of $430,928.
What is currently the cheapest priced home in Palmetto, LA?
The cheapest home for sale in Palmetto is priced at $11,118.
Living in Palmetto, LA
Palmetto, LA is a quaint southern town known for its friendly community and rich cultural heritage. Nestled along the beautiful Atchafalaya River, it offers numerous outdoor activities and local festivities. Families will appreciate the educational opportunities and strong community spirit that thrive in this charming area.
Current Market Conditions in Palmetto, LA
The real estate market in Palmetto is currently stable with modest growth observed over the past few months. Housing prices have seen a slight increase due to a growing interest in the area, especially from families seeking a peaceful lifestyle away from urban congestion. The demand for single-family homes remains strong, particularly for properties with water access.
Investors may find favorable opportunities in rental properties given the town's appeal as a recreational destination, particularly during hunting and fishing seasons. The current inventory of homes is average, with a mix of quaint older houses and newer builds available, catering to a variety of buyer preferences.
Home Value Estimator For Palmetto, LA
There are currently 244 real estate properties
in Palmetto, LA,
with a median automated valuation model (AVM) price
of $87,726.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palmetto, 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 Palmetto, LA,
is $98,337.00, with the most expensive house
in Palmetto, LA, topping out
at $430,928.00 and the cheapest home
in Palmetto, LA,
clocking in at $11,118.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palmetto, LA!
Rent Prices
In Palmetto, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palmetto, LA, is on
a rollercoaster ride. The
average rent price in Palmetto, LA,
is $910.00. Indeed, when looking to rent in
Palmetto, LA, you can expect to pay as little
as $490.00 or as much
as $1,560.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Palmetto, 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
