Kokomo, MS Foreclosures
How much do homes sell for in Kokomo, MS?
The average home price is currently $188,984.
What’s the average rental cost in Kokomo, MS?
The average rental price in Kokomo is $1,169.
What is the most expensive home in Kokomo?
The most expensive home sold in Kokomo had a price of $2,843,100.
What is currently the cheapest priced home in Kokomo, MS?
The cheapest home for sale in Kokomo is priced at $32,500.
Living in Kokomo, MS
Kokomo, Mississippi, is a charming small town that offers a blend of rural tranquility and community spirit. It's an ideal location for those seeking a peaceful lifestyle surrounded by nature. With excellent schools and plenty of outdoor activities, Kokomo is perfect for families looking for a tight-knit community.
Current Market Conditions in Kokomo, MS
The real estate market in Kokomo, MS, is currently showing signs of stability, with moderate price growth over the past year. Homes in the area are attractive to buyers looking for affordability combined with a quality lifestyle. With a mix of new developments and classic homes, there is a diverse range of properties available.
The demand for homes in Kokomo remains steady, as potential buyers are attracted to the area's affordability and community-oriented living. The local market is witnessing an increase in new construction projects, signaling a positive trend for growth in the coming years.
Home Value Estimator For Kokomo, MS
There are currently 177 real estate properties
in Kokomo, MS,
with a median automated valuation model (AVM) price
of $150,528.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kokomo, 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 Kokomo, MS,
is $188,984.00, with the most expensive house
in Kokomo, MS, topping out
at $2,843,100.00 and the cheapest home
in Kokomo, MS,
clocking in at $32,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kokomo, MS!
Rent Prices
In Kokomo, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kokomo, MS, is on
a rollercoaster ride. The
average rent price in Kokomo, MS,
is $1,169.00. Indeed, when looking to rent in
Kokomo, MS, you can expect to pay as little
as $810.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Kokomo, 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.
Learn more on Foreclosure homes
