Summerfield, LA Foreclosures
How much do homes sell for in Summerfield, LA?
The average home price is currently $129,193.
What’s the average rental cost in Summerfield, LA?
The average rental price in Summerfield is $1,095.
What is the most expensive home in Summerfield?
The most expensive home sold in Summerfield had a price of $469,489.
What is currently the cheapest priced home in Summerfield, LA?
The cheapest home for sale in Summerfield is priced at $48,535.
Living in Summerfield, LA
Summerfield, LA is a quaint village offering a peaceful lifestyle surrounded by nature. It features community amenities, local schools, and beautiful landscapes ideal for outdoor activities. The friendly atmosphere and low cost of living make it an attractive option for families and retirees alike.
Current Market Conditions in Summerfield, LA
The real estate market in Summerfield, LA, has seen a stable trend over the past few years. With modest growth in home values, buyers are increasingly attracted to this area for its affordability and community feel. Properties here tend to sell relatively quickly, particularly those priced right in the mid-range, as there is interest from both locals and newcomers alike.
Currently, homes in Summerfield are reasonably priced, but inventory is somewhat limited. This scarcity can drive competitive bidding on desirable properties, especially among first-time homebuyers. Overall, the market conditions indicate a positive outlook as more people seek out small-town living options.
Home Value Estimator For Summerfield, LA
There are currently 47 real estate properties
in Summerfield, LA,
with a median automated valuation model (AVM) price
of $86,683.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summerfield, 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 Summerfield, LA,
is $129,193.00, with the most expensive house
in Summerfield, LA, topping out
at $469,489.00 and the cheapest home
in Summerfield, LA,
clocking in at $48,535.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summerfield, LA!
Rent Prices
In Summerfield, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summerfield, LA, is on
a rollercoaster ride. The
average rent price in Summerfield, LA,
is $1,095.00. Indeed, when looking to rent in
Summerfield, LA, you can expect to pay as little
as $820.00 or as much
as $2,000.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Summerfield, 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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