Springfield, LA Foreclosures
How much do homes sell for in Springfield, LA?
The average home price is currently $227,432.
In Springfield, LA, how many homes are available?
There are currently 45 active home listings available in Springfield.
What’s the average rental cost in Springfield, LA?
The average rental price in Springfield is $1,327.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $1,920,244.
What is currently the cheapest priced home in Springfield, LA?
The cheapest home for sale in Springfield is priced at $10,716.
Living in Springfield, LA
Springfield, LA is a charming small town known for its friendly atmosphere and strong community bonds. Surrounded by beautiful landscapes, this area offers residents a peaceful place to live with access to outdoor activities and a robust local school system. With its rich cultural heritage, Springfield invites everyone to enjoy a quaint lifestyle without sacrificing modern amenities.
Current Market Conditions in Springfield, LA
The real estate market in Springfield is experiencing steady growth, reflecting the overall trend in small-town Louisiana. There is a steady influx of families looking for affordable housing, making the demand for homes relatively stable. Buyers can expect a variety of property types, from single-family homes to larger rural estates, which cater to both traditional and new residents in the area.
In recent months, there has been a noticeable increase in home prices, driven by low inventory and sustained buyer interest. This has led to a competitive market where homes may receive multiple offers, particularly in desirable neighborhoods. As families continue to seek homes with spacious yards and proximity to nature, the trend shows no sign of slowing.
Home Value Estimator For Springfield, LA
There are currently 1,943 real estate properties
in Springfield, LA,
with a median automated valuation model (AVM) price
of $189,296.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springfield, 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 Springfield, LA,
is $227,432.00, with the most expensive house
in Springfield, LA, topping out
at $1,920,244.00 and the cheapest home
in Springfield, LA,
clocking in at $10,716.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springfield, LA!
Rent Prices
In Springfield, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springfield, LA, is on
a rollercoaster ride. The
average rent price in Springfield, LA,
is $1,327.00. Indeed, when looking to rent in
Springfield, LA, you can expect to pay as little
as $720.00 or as much
as $2,820.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Springfield, 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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