70658, Reeves, LA

Reeves, Louisiana is located in Jefferson Parish and has a population of just over 10,000. The median household income in Reeves is just under $50,000, which is lower than the national average. Home prices in Reeves have been on the decline for the past few years and are currently around 60% of their peak value. This means that there are plenty of opportunities for homebuyers in Reeves who are looking to purchase a home at a discount.

One reason that home prices have been declining in Reeves is that the local economy has not been doing as well as it had hoped. This has led to a decrease in demand for homes, which has then had an impact on prices. Additionally, there are a number of vacant homes in Reeves which have also contributed to the downward trend.

Despite these challenges, there are still some good opportunities for buyers in Reeves. For example, there are many homes that were built before 2007 which have yet to hit their peak value and may be available at a discount now. Additionally, many people who live in Reeves are looking for something smaller or more affordable than what they can find elsewhere and may be willing to consider buying a home within the city limits instead of outside it.