Red Chute, LA Foreclosures
How much do homes sell for in Red Chute, LA?
The average home price is currently $141,703.
What’s the average rental cost in Red Chute, LA?
The average rental price in Red Chute is $1,006.
What is the most expensive home in Red Chute?
The most expensive home sold in Red Chute had a price of $365,901.
What is currently the cheapest priced home in Red Chute, LA?
The cheapest home for sale in Red Chute is priced at $65,071.
Living in Red Chute, LA
Red Chute, LA is a peaceful suburban community located near Bossier City. It boasts a family-friendly atmosphere with spacious homes, excellent schools, and plenty of local amenities. Outdoor enthusiasts will enjoy the nearby parks and recreational activities.
Current Market Conditions in Red Chute, LA
The current real estate market in Red Chute is stable, with a slight increase in home prices compared to last year, reflecting growing demand in the region. Buyers are showing interest in the community due to its affordability and quality of life, driving up activity in the market.
Recent trends indicate a higher interest from first-time homebuyers and families looking for larger homes with good schools nearby. This is leading to increased competition in the market, although inventory levels remain manageable.
Home Value Estimator For Red Chute, LA
There are currently 27 real estate properties
in Red Chute, LA,
with a median automated valuation model (AVM) price
of $133,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Red Chute, 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 Red Chute, LA,
is $141,703.00, with the most expensive house
in Red Chute, LA, topping out
at $365,901.00 and the cheapest home
in Red Chute, LA,
clocking in at $65,071.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Red Chute, LA!
Rent Prices
In Red Chute, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Red Chute, LA, is on
a rollercoaster ride. The
average rent price in Red Chute, LA,
is $1,006.00. Indeed, when looking to rent in
Red Chute, LA, you can expect to pay as little
as $690.00 or as much
as $1,220.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Red Chute, 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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