Derma, MS Foreclosures
Current Market Conditions in in Derma, MS As of February 2026?
In the past month, the real estate market in Derma has seen a slight uptick in activity, with more listings becoming available as spring approaches. Buyers are beginning to take advantage of the affordable prices, leading to increased interest in the available properties. The overall market remains balanced, with both buyers and sellers having opportunities to negotiate favorable terms.
How much do homes sell for in Derma, MS?
The average home price is currently $81,939.
In Derma, MS, how many homes are available?
There are currently 1 active home listings available in Derma.
What’s the average rental cost in Derma, MS?
The average rental price in Derma is $779.
What is the most expensive home in Derma?
The most expensive home sold in Derma had a price of $285,101.
What is currently the cheapest priced home in Derma, MS?
The cheapest home for sale in Derma is priced at $31,400.
Living in Derma, MS
Derma, Mississippi, is a charming small town known for its welcoming community and family-friendly atmosphere. With several local parks and recreational options available, it offers a peaceful lifestyle while being conveniently located near larger urban areas. The real estate market here features a variety of affordable homes, making it an attractive option for first-time buyers and families alike.
Buyer vs Seller Market in Derma, MS
The real estate market in Derma, MS, is characterized by affordability and a stable community atmosphere. Home prices in the area are lower than the national average, making it an ideal spot for first-time homebuyers and those looking to invest in real estate without breaking the bank. The demand for homes remains steady, driven by local employment opportunities and the charm of small-town living.
Home Value Estimator For Derma, MS
There are currently 149 real estate properties
in Derma, MS,
with a median automated valuation model (AVM) price
of $73,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Derma, 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 Derma, MS,
is $81,939.00, with the most expensive house
in Derma, MS, topping out
at $285,101.00 and the cheapest home
in Derma, MS,
clocking in at $31,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Derma, MS!
Rent Prices
In Derma, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Derma, MS, is on
a rollercoaster ride. The
average rent price in Derma, MS,
is $779.00. Indeed, when looking to rent in
Derma, MS, you can expect to pay as little
as $530.00 or as much
as $1,280.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Derma, 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.
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