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Rent To Own Homes in Patterson, LA 70392

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Patterson, LA Foreclosures

How much do homes sell for in Patterson, LA?
The average home price is currently $141,197.
In Patterson, LA, how many homes are available?
There are currently 80 active home listings available in Patterson.
What’s the average rental cost in Patterson, LA?
The average rental price in Patterson is $1,220.
What is the most expensive home in Patterson?
The most expensive home sold in Patterson had a price of $979,900.
What is currently the cheapest priced home in Patterson, LA?
The cheapest home for sale in Patterson is priced at $7,537.

Living in Patterson, LA

Patterson, Louisiana, is a welcoming town that seamlessly blends rich history and community spirit. With its scenic surroundings, friendly atmosphere, and local amenities, it caters well to families and individuals alike. Enjoy the outdoors or explore local shops; Patterson has something for everyone.

Current Market Conditions in Patterson, LA

Patterson's real estate market has shown stability over recent months, with home prices remaining relatively constant. The area remains attractive due to its affordability and proximity to larger urban centers, which makes it a popular choice for first-time homebuyers and retirees alike.

As of late 2023, Patterson is witnessing increased interest from out-of-state buyers looking for a quieter lifestyle. This has led to a moderate increase in home sales and a slowing of inventory turnover, suggesting that the market may shift towards a seller's advantage if the trend continues.

Home Value Estimator For Patterson, LA

There are currently 2,812 real estate properties in Patterson, LA, with a median automated valuation model (AVM) price of $121,876.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Patterson, 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 Patterson, LA, is $141,197.00, with the most expensive house in Patterson, LA, topping out at $979,900.00 and the cheapest home in Patterson, LA, clocking in at $7,537.00. In other words, there’s something for every potential homebuyer or savvy investor in Patterson, LA!

Rent Prices In Patterson, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Patterson, LA, is on a rollercoaster ride. The average rent price in Patterson, LA, is $1,220.00. Indeed, when looking to rent in Patterson, LA, you can expect to pay as little as $590.00 or as much as $2,900.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Patterson, 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.

Patterson, LA 70392 Rent To Own Homes

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