c.1919 Three Bedroom Louisiana Home With Original Elements and 1 Acre $100K

2221 Leglise St, Mansura, LA 71350   $100,000

• Contact Realtor: Susan Rogers
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Pros

1. Low cost of living, especially housing

• The cost of living index is about 79 (with 100 = U.S. average), meaning Mansura is roughly 21% cheaper than the U.S. average.

• Housing is especially affordable: median home values (~$103,600 in 2023) are well below national averages.

• Median home price data shows the town’s housing is ~63% lower than the national average.

• This can make Mansura a strong fit for someone seeking affordable homeownership, lower monthly costs, and less financial stress around housing.

2. Safer than many places

• Crime rates are reported to be 28% lower than the national average in Mansura.

• According to a livability overview, the town’s crime rate is “48% lower than the Louisiana average.”

• For people valuing safety and quieter surroundings, that’s a plus.

3. Small‐town, lower‐density lifestyle

• The 2020 census population was about 1,320, making Mansura quite small.

• Less traffic, fewer crowds, and the potential for a slower pace of life tend to appeal to those moving from larger cities or seeking more peace.

4. Housing market shows some value movement

• Median property values increased from ~$84,900 to ~$103,600 in 2023 (22% growth year‑over‑year) in one dataset.

• This suggests there may be some upside if you’re buying and not expecting ultra‑high growth.

Cons

1. Very low incomes & high poverty rate

• Median household income is extremely low: ~$20,938 in 2023.

• The poverty rate is high: about 49% of residents below the poverty line in one report.

• Low incomes can correlate with fewer local job opportunities, weaker infrastructure, or limited services compared to more affluent areas.

2. Population decline & limited growth

• Between 2000 and 2023, Mansura’s population declined by ~19%.

• A declining population can mean fewer businesses opening, less demand for housing, and slower economic momentum.

3. Education levels and workforce indicators are weak

• Only ~7.7% of adults held a bachelor’s degree in one dataset.

• Educational attainment being below average can limit the kinds of jobs that exist locally and may impact long‐term community growth.

4. Limited local amenities & some infrastructure trade‐offs

• While safer and cheaper, small towns like Mansura often have fewer restaurants, cultural amenities, shopping centers, and specialized medical care nearby.

• One livability site gives the town a “Livability Score” of 60/100 — below average.

• For people used to metropolitan services and options, relocating to a smaller town can feel like a step down in terms of convenience.

5. Housing market fluctuations & resale caution

• While housing is affordable, one Zillow dataset shows average home values around ~$141,188 with a 4.9% decline in the past year.

• Slower appreciation and smaller markets mean fewer buyers and possibly more risk if you’re investing with high return expectations.