Simpson, LA Foreclosures
How much do homes sell for in Simpson, LA?
The average home price is currently $149,260.
In Simpson, LA, how many homes are available?
There are currently 2 active home listings available in Simpson.
What’s the average rental cost in Simpson, LA?
The average rental price in Simpson is $1,069.
What is the most expensive home in Simpson?
The most expensive home sold in Simpson had a price of $934,551.
What is currently the cheapest priced home in Simpson, LA?
The cheapest home for sale in Simpson is priced at $19,910.
Living in Simpson, LA
Simpson is a small, charming community nestled in the heart of Louisiana. Known for its tranquil atmosphere, Simpson offers a close-knit community feel with a variety of outdoor activities to enjoy. Its proximity to larger cities provides residents with access to urban amenities while maintaining a peaceful rural lifestyle.
Current Market Conditions in Simpson, LA
The current real estate market in Simpson, LA is showing signs of stability and moderate growth. There is a steady demand for homes, primarily due to families looking for more affordable housing options outside of urban centers. As a result, home values have seen slight appreciation over the past year.
Investors are taking note of the area as it presents an opportunity for rental properties, as there is a consistent demand for rental housing from new residents and families. Overall, the market is favorable for both buyers and sellers, which is expected to continue due to the area's increasing popularity.
Home Value Estimator For Simpson, LA
There are currently 101 real estate properties
in Simpson, LA,
with a median automated valuation model (AVM) price
of $132,300.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Simpson, 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 Simpson, LA,
is $149,260.00, with the most expensive house
in Simpson, LA, topping out
at $934,551.00 and the cheapest home
in Simpson, LA,
clocking in at $19,910.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Simpson, LA!
Rent Prices
In Simpson, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Simpson, LA, is on
a rollercoaster ride. The
average rent price in Simpson, LA,
is $1,069.00. Indeed, when looking to rent in
Simpson, LA, you can expect to pay as little
as $560.00 or as much
as $1,860.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Simpson, 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.