New Albany, MS Foreclosures
How much do homes sell for in New Albany, MS?
The average home price is currently $182,067.
What’s the average rental cost in New Albany, MS?
The average rental price in New Albany is $1,077.
What is the most expensive home in New Albany?
The most expensive home sold in New Albany had a price of $974,982.
What is currently the cheapest priced home in New Albany, MS?
The cheapest home for sale in New Albany is priced at $15,997.
Living in New Albany, MS
New Albany, MS, is a warm and welcoming town known for its Southern charm and friendly neighborhoods. With a vibrant downtown area, excellent schools, and numerous parks, it's an ideal place for families and outdoor enthusiasts. Residents benefit from a tight-knit community and a variety of local amenities, making it a wonderful place to live and grow.
Current Market Conditions in New Albany, MS
The New Albany real estate market has remained stable, with a steady appreciation in property values over the past year. The demand for homes in the area is driven by its attractive lifestyle, good schools, and accessibility to major highways. As part of a growing region, New Albany is drawing interest from both buyers and investors looking for favorable living conditions and potential investment opportunities.
The past month has shown a slight increase in new listings, leading to a balanced market where buyers have more choices, but competitive interest remains. With interest rates fluctuating, it is advantageous for proactive buyers to enter the market now.
Home Value Estimator For New Albany, MS
There are currently 5,067 real estate properties
in New Albany, MS,
with a median automated valuation model (AVM) price
of $145,299.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Albany, 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 New Albany, MS,
is $182,067.00, with the most expensive house
in New Albany, MS, topping out
at $974,982.00 and the cheapest home
in New Albany, MS,
clocking in at $15,997.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Albany, MS!
Rent Prices
In New Albany, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Albany, MS, is on
a rollercoaster ride. The
average rent price in New Albany, MS,
is $1,077.00. Indeed, when looking to rent in
New Albany, MS, you can expect to pay as little
as $600.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in New Albany, 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
