Foreclosure Homes in Terry, MS

Current Market Conditions in Terry, MS

The real estate market in Terry, MS, is currently characterized by affordability and steady growth. Homes remain reasonably priced compared to larger cities, making it an attractive option for first-time buyers and those seeking to invest in real estate. Recent trends indicate an increase in demand as more people are searching for homes outside urban centers, favoring the quiet lifestyle found in Terry.

The market has seen a modest appreciation in home values over the past year, which suggests a healthy demand driven by both local and out-of-state buyers. The combination of low mortgage rates and a growing interest in suburban living has contributed to the positive market conditions in the area.

Rent Prices In Terry, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terry, MS, is on a rollercoaster ride. The average rent price in Terry, MS, is $1,512.00. Indeed, when looking to rent in Terry, MS, you can expect to pay as little as $690.00 or as much as $2,710.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Terry, MS -- 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.