Living in Sun, LA
SUN, LA is an appealing location that offers the perfect mixture of suburban feel and access to urban perks. With excellent schools, ample recreational spaces, and a welcoming community, it's a great place for families and investors alike. Its growing real estate market makes it an attractive investment opportunity.
Current Market Conditions in Sun, LA
The real estate market in SUN, LA is currently experiencing a surge in demand, making it a competitive area for property investments. Home prices have seen a steady increase over the past few years, reflecting a growing interest in the neighborhood.
Investors can expect a diverse market, with a variety of single-family homes, townhouses, and multi-family units available. The rental market also shows promise, making it an appealing option for those looking to invest in rental properties.
Home Value Estimator For Sun, LA
There are currently 44 real estate properties
in Sun, LA,
with a median automated valuation model (AVM) price
of $163,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sun, 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 Sun, LA,
is $218,644.00, with the most expensive house
in Sun, LA, topping out
at $640,700.00 and the cheapest home
in Sun, LA,
clocking in at $27,055.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sun, LA!
Rent Prices
In Sun, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sun, LA, is on
a rollercoaster ride. The
average rent price in Sun, LA,
is $1,427.00. Indeed, when looking to rent in
Sun, LA, you can expect to pay as little
as $1,040.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Sun, 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.
Learn more on Foreclosure homes
