There are currently 523 real estate properties in French Settlement, LA, with a median automated valuation model (AVM) price of $151,915.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in French Settlement, 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 French Settlement, LA, is $172,623.00, with the most expensive house in French Settlement, LA, topping out at $605,083.00 and the cheapest home in French Settlement, LA, clocking in at $16,064.00. In other words, there’s something for every potential homebuyer or savvy investor in French Settlement, LA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in French Settlement, LA, is on a rollercoaster ride. The average rent price in French Settlement, LA, is $1,179.00. Indeed, when looking to rent in French Settlement, LA, you can expect to pay as little as $690.00 or as much as $1,960.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in French Settlement, 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.
French Settlement is located in Livingston, Louisiana, with an estimated municipal population of 1,192 residents. All of the best foreclosed homes for sale in French Settlement are located in the following zip code areas on Foreclosure.com: 70733. The estimated population per square kilometer (.62 miles) in French Settlement is 168.
So, about how much do homes cost in French Settlement? The most recent median value of resident-owned homes in French Settlement is 152,624. An estimated 77.6 percent of households in French Settlement own their homes, with an average family size of 3.23. The median household income in French Settlement is 73,125, with37.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in French Settlement, the median commute time of resident workers (in minutes) is 40.4. And last, but certainly not least, are you looking for homes to rent in French Settlement? If so, the average rent price paid by renters in French Settlement is 912, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to French Settlement, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in French Settlement is 33.4, split between 42.9 percent male versus 57.1 female. The percentage of residents who report being married in French Settlement is 53.4, with an average family size of 3.23.
The percentage of residents who report their race in French Settlement is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near French Settlement? Or maybe you are searching for 55+ active adult communities in and/or near French Settlement?
The percentage of residents who report their age in French Settlement is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in French Settlement with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in French Settlement.
How do you know that living in -- or moving to -- French Settlement is right where you need to be? Perhaps you grew up in French Settlement or already live nearby; therefore, the decision to buy a home in French Settlement is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to French Settlement for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in French Settlement:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like French Settlement.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in French Settlement can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in French Settlement, meanwhile, can field multiple offers from more qualified buyers.
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