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Short Sale Listings in Tupelo, MS

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Tupelo, MS Foreclosures

How much do homes sell for in Tupelo, MS?
The average home price is currently $232,732.
In Tupelo, MS, how many homes are available?
There are currently 8 active home listings available in Tupelo.
What’s the average rental cost in Tupelo, MS?
The average rental price in Tupelo is $1,220.
What is the most expensive home in Tupelo?
The most expensive home sold in Tupelo had a price of $4,880,200.
What is currently the cheapest priced home in Tupelo, MS?
The cheapest home for sale in Tupelo is priced at $21,500.

Living in Tupelo, MS

Tupelo, Mississippi, is a delightful city renowned for its historical significance as Elvis Presley's birthplace. It features a blend of urban amenities and Southern charm, complemented by strong educational institutions and recreational opportunities. With a welcoming community and a convenient location, Tupelo stands out as a great place for families and individuals alike.

Current Market Conditions in Tupelo, MS

The real estate market in Tupelo, MS is currently showing signs of growth, with a steady increase in property values over the past months. The demand for housing remains strong, driven by an influx of new residents seeking affordable living compared to larger cities nearby. This trend is encouraging more builders to enter the market and invest in residential developments, further enhancing the area's appeal.

As of late 2023, the housing market in Tupelo is characterized by low inventory levels and competitive bidding among buyers. With many homes receiving multiple offers, homes are selling faster, and prices have shown a year-over-year increase. Buyers are urged to act quickly when they find properties that meet their criteria.

Home Value Estimator For Tupelo, MS

There are currently 15,087 real estate properties in Tupelo, MS, with a median automated valuation model (AVM) price of $192,987.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tupelo, MS, 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 Tupelo, MS, is $232,732.00, with the most expensive house in Tupelo, MS, topping out at $4,880,200.00 and the cheapest home in Tupelo, MS, clocking in at $21,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Tupelo, MS!

Rent Prices In Tupelo, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tupelo, MS, is on a rollercoaster ride. The average rent price in Tupelo, MS, is $1,220.00. Indeed, when looking to rent in Tupelo, MS, you can expect to pay as little as $540.00 or as much as $2,180.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Tupelo, 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.

Tupelo, MS Short Sale Listings

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