Duncan, MS Foreclosures
Current Market Conditions in in Duncan, MS As of February 2026?
Over the past month, Duncan has experienced stable market conditions with a modest increase in home sales and a slight decrease in the number of homes available for sale. This trend indicates a growing interest in the area, which could lead to increased competition amongst buyers in the coming months. Real estate professionals are advising sellers to consider listing their homes soon to capitalize on the uptick in interest. Meanwhile, first-time homebuyers are encouraged to act quickly as homes are being scooped up faster than usual, driving prices slightly higher.
How much do homes sell for in Duncan, MS?
The average home price is currently $106,103.
In Duncan, MS, how many homes are available?
There are currently 77 active home listings available in Duncan.
What’s the average rental cost in Duncan, MS?
The average rental price in Duncan is $974.
What is the most expensive home in Duncan?
The most expensive home sold in Duncan had a price of $486,395.
What is currently the cheapest priced home in Duncan, MS?
The cheapest home for sale in Duncan is priced at $46,682.
Living in Duncan, MS
Duncan, MS, is a quaint town in the Mississippi Delta, known for its agricultural roots and community spirit. With a range of local amenities, good schools, and access to outdoor activities, it offers a peaceful lifestyle. Residents appreciate the small-town charm while being close to larger urban areas for additional conveniences.
Buyer vs Seller Market in Duncan, MS
Duncan's real estate market has seen steady growth over the past year, driven largely by the affordability of homes and the attractiveness of small-town living. Families and retirees alike are drawn to the area due to its low cost of living, resulting in a moderate increase in home prices. As more people seek out quiet communities away from busy cities, Duncan has the potential for continuous growth in housing demand.
Within the last month, the market has remained stable with a slight decrease in inventory levels. There has been increased interest in starter homes and properties suitable for first-time buyers, which suggests that the local market may experience upward pressure on prices as demand slowly outpaces supply.
Home Value Estimator For Duncan, MS
There are currently 137 real estate properties
in Duncan, MS,
with a median automated valuation model (AVM) price
of $71,835.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Duncan, 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 Duncan, MS,
is $106,103.00, with the most expensive house
in Duncan, MS, topping out
at $486,395.00 and the cheapest home
in Duncan, MS,
clocking in at $46,682.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Duncan, MS!
Rent Prices
In Duncan, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Duncan, MS, is on
a rollercoaster ride. The
average rent price in Duncan, MS,
is $974.00. Indeed, when looking to rent in
Duncan, MS, you can expect to pay as little
as $580.00 or as much
as $1,880.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Duncan, 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.