Banner, MS Foreclosures
Current Market Conditions in in Banner, MS As of April 2026?
Over the past month, the real estate landscape in Banner has seen slight fluctuations, influenced by seasonal trends and an increased influx of buyers seeking homes in close-knit communities. While some homes have sold quickly, new listings have also been introduced, offering options for potential homeowners. The average days on market have decreased, indicating a stronger buyer interest and quicker sales, particularly for properties with attractive price points.
How much do homes sell for in Banner, MS?
The average home price is currently $146,414.
In Banner, MS, how many homes are available?
There are currently 47 active home listings available in Banner.
What’s the average rental cost in Banner, MS?
The average rental price in Banner is $973.
What is the most expensive home in Banner?
The most expensive home sold in Banner had a price of $744,100.
What is currently the cheapest priced home in Banner, MS?
The cheapest home for sale in Banner is priced at $36,900.
Living in Banner, MS
Banner, MS combines the tranquility of small-town living with access to modern amenities. Known for its friendly community and beautiful outdoor spaces, Banner is perfect for families and individuals alike. Explore its local schools, parks, and activities that celebrate the charm of Southern living.
Buyer vs Seller Market in Banner, MS
The real estate market in Banner, MS is currently showing a steady increase in demand, with homes often attracting multiple offers due to their desirable locations and pricing. Although the inventory levels are moderate, the trend indicates a potential for future price growth as newcomers seek out the charm and lifestyle that Banner provides.
Recent statistics show that home sales have increased over the past quarter, with more buyers looking for affordable housing options in rural areas as city living becomes less appealing. The market remains competitive, especially for well-maintained properties close to schools and recreational areas.
Home Value Estimator For Banner, MS
There are currently 191 real estate properties
in Banner, MS,
with a median automated valuation model (AVM) price
of $117,019.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Banner, 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 Banner, MS,
is $146,414.00, with the most expensive house
in Banner, MS, topping out
at $744,100.00 and the cheapest home
in Banner, MS,
clocking in at $36,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Banner, MS!
Rent Prices
In Banner, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Banner, MS, is on
a rollercoaster ride. The
average rent price in Banner, MS,
is $973.00. Indeed, when looking to rent in
Banner, MS, you can expect to pay as little
as $570.00 or as much
as $1,470.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Banner, 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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