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Foreclosure Homes in Lake Providence, LA

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Scarborough-st-Lake-providence-LA-71254
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Scarborough St
Lake Providence, LA 71254

Boelker-street,-apt-81-Lake-providence-LA-71254
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Boelker Street, Apt 81
Lake Providence, LA 71254

Driver-rd-Lake-providence-LA-71254
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Driver Rd
Lake Providence, LA 71254

Mill-st-Lake-providence-LA-71254
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$71,995 EMV

Mill St
Lake Providence, LA 71254

Burney-st-Lake-providence-LA-71254
Bankruptcy
$73,950 EMV

Burney St
Lake Providence, LA 71254

Ferrier-st-Lake-providence-LA-71254
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Ferrier St
Lake Providence, LA 71254

Harding-st-Lake-providence-LA-71254
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$66,502 EMV

Harding St
Lake Providence, LA 71254

Railroad-st-Lake-providence-LA-71254
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$63,410 EMV

Railroad St
Lake Providence, LA 71254

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Home Value Estimator For Lake Providence, LA

There are currently 943 real estate properties in Lake Providence, LA, with a median automated valuation model (AVM) price of $84,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Providence, 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 Lake Providence, LA, is $112,033.00, with the most expensive house in Lake Providence, LA, topping out at $3,235,300.00 and the cheapest home in Lake Providence, LA, clocking in at $17,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Providence, LA!


Rent Prices In Lake Providence, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Providence, LA, is on a rollercoaster ride. The average rent price in Lake Providence, LA, is $977.00. Indeed, when looking to rent in Lake Providence, LA, you can expect to pay as little as $560.00 or as much as $2,280.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Lake Providence, 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.


Foreclosure Homes in Lake Providence, LA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lake Providence, LA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lake Providence, LA and much more. Save thousands at closing with home foreclosure listings in Lake Providence, LA — up to 75% off market value!


Top Reasons To Live In Lake Providence, LA In 2021

Lake Providence is located in East Carroll, Louisiana, with an estimated municipal population of 3,429 residents. All of the best foreclosed homes for sale in Lake Providence are located in the following zip code areas on Foreclosure.com: 71286 71254. The estimated population per square kilometer (.62 miles) in Lake Providence is 368.


Cost Of Living In Lake Providence, LA

So, about how much do homes cost in Lake Providence? The most recent median value of resident-owned homes in Lake Providence is 73,465. An estimated 39.3 percent of households in Lake Providence own their homes, with an average family size of 3.08. The median household income in Lake Providence is 18,316, with7.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Providence, the median commute time of resident workers (in minutes) is 12.5. And last, but certainly not least, are you looking for homes to rent in Lake Providence? If so, the average rent price paid by renters in Lake Providence is 493, according to recent statistics.


Diversity And Demographics In Lake Providence, Louisiana

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 Lake Providence, 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 Lake Providence is 35.4, split between 38.8 percent male versus 61.2 female. The percentage of residents who report being married in Lake Providence is 34.3, with an average family size of 3.08.

The percentage of residents who report their race in Lake Providence is as follows:

White 21.9%
Black / African American 78.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lake Providence? Or maybe you are searching for 55+ active adult communities in and/or near Lake Providence?

The percentage of residents who report their age in Lake Providence is as follows:

Under 10 21.9%
Aged 10-19 11.7%
20s 9.9%
30s 9.1%
40s 8.6%
50s 15.8%
60s 10.9%
70s 6.3%
80+ 5.9%

Best Schools In Lake Providence, Louisiana

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 Lake Providence with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Providence.


Pros And Cons Of Living In Lake Providence, Louisiana

How do you know that living in -- or moving to -- Lake Providence is right where you need to be? Perhaps you grew up in Lake Providence or already live nearby; therefore, the decision to buy a home in Lake Providence is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Providence 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 Lake Providence:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake Providence.


Reasons To Move To Lake Providence, Louisiana, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake Providence can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake Providence, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Lake Providence, LA

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