Pelican, LA Foreclosures
How much do homes sell for in Pelican, LA?
The average home price is currently $101,124.
In Pelican, LA, how many homes are available?
There are currently 12 active home listings available in Pelican.
What’s the average rental cost in Pelican, LA?
The average rental price in Pelican is $909.
What is the most expensive home in Pelican?
The most expensive home sold in Pelican had a price of $648,772.
What is currently the cheapest priced home in Pelican, LA?
The cheapest home for sale in Pelican is priced at $1,097.
Living in Pelican, LA
Pelican, Louisiana, is a serene small town nestled in the heart of the state. Known for its friendly community and close-knit atmosphere, Pelican offers a peaceful lifestyle away from the hustle and bustle of larger cities. The town is surrounded by beautiful natural landscapes, making it an ideal spot for outdoor enthusiasts.
Current Market Conditions in Pelican, LA
The real estate market in Pelican has shown consistent stability, with homes maintaining their value amidst a growing interest in rural living. The demand for properties in such serene, picturesque towns has grown, appealing to buyers looking for getaway homes or permanent residences away from urban congestion.
Currently, homes are selling at a steady pace, with a balance of buyers and sellers in the market. There has been an uptick in new constructions, catering to the influx of families and individuals seeking a quieter lifestyle. Investors are also eyeing the area due to its rental potential.
The trends indicate a gradual shift towards more people relocating to less densely populated areas, such as Pelican, as remote work opens up more living options. Additionally, the charm of Pelican combined with ongoing community development projects suggests a promising future for real estate in the area.
Home Value Estimator For Pelican, LA
There are currently 186 real estate properties
in Pelican, LA,
with a median automated valuation model (AVM) price
of $74,524.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pelican, 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 Pelican, LA,
is $101,124.00, with the most expensive house
in Pelican, LA, topping out
at $648,772.00 and the cheapest home
in Pelican, LA,
clocking in at $1,097.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pelican, LA!
Rent Prices
In Pelican, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pelican, LA, is on
a rollercoaster ride. The
average rent price in Pelican, LA,
is $909.00. Indeed, when looking to rent in
Pelican, LA, you can expect to pay as little
as $480.00 or as much
as $1,920.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Pelican, 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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